When Mitsubishi Corporation walked away from three massive offshore wind projects in August, paying ¥20 billion in penalties rather than proceeding, it sent shockwaves through Japan’s renewable energy sector. For a trading giant to abandon 1.7 gigawatts of capacity — enough to power 1.3 million homes — it signaled something … [continued]
Strong 2023 offshore wind growth as industry sets course for record-breaking decade: By end of 2023, installed capacity in Asia and Europe totals 41 GW and 34 GW, respectively Offshore wind is poised for truly global growth after 2023 saw the second-highest annual installations as well as key policy developments … [continued]
The Global Wind Energy Council (GWEC) held its APAC Offshore Wind & Green Hydrogen Summit August 30 and 31 at the Melbourne Convention Center. The event brought together government officials, industry leaders, and experts from across the region to discuss the growing potential of offshore wind power in the Asia-Pacific … [continued]
India could emerge as a central figure in the global wind energy supply chain because of its comprehensive strategy to enhance manufacturing and export capabilities while fostering domestic renewable energy growth. This information was revealed in the report India Wind Energy Market Outlook 2023–2027, jointly published by the Global Wind … [continued]
The Global Wind Energy Council published its inaugural Global Offshore Wind Report this week, which shows that not only has offshore wind grown at an average of 21% each year since 2013, but that the sector could install an additional 200 gigawatts (GW) of capacity by 2030.
The Global Wind Energy Council expects Vietnam will install 1 gigawatt (GW) of new onshore wind capacity by 2021 in a move it believes could solidify the country as a regional wind power leader, while the Vietnamese government is said to be considering increasing its wind energy target to 6 GW by 2030.
The Global Wind Energy Council published figures on Wednesday which confirmed that Danish wind turbine manufacturer Vestas Wind Systems A/S dominated turbine supply in 2018, accounting for 1 out of every 5 turbines installed during the year.
The Global Wind Energy Council published its Global Wind Report this week, in which it has predicted that the global wind industry will install more than 300 gigawatts (GW) of new capacity over the next five years.
The Global Wind Energy Council and the World Bank Group announced plans on Thursday to cooperate on efforts to develop new offshore wind in emerging markets.
The global wind industry added a total of 51.3 gigawatts (GW) of new wind capacity in 2018 according to figures published by the Global Wind Energy Council (GWEC) on Tuesday, a decrease of 3.6% over 2017 but with a slight growth in the offshore wind market.
