Offshore Wind Turbines

Offshore Wind Industry Will Become €130 Billion Annual Market By 2020

Offshore wind power may yet not match the overall strength of onshore wind, but the industry is on course grow rapidly to become an €130 billion annual global market by 2020.

A new report from industry consultants Roland Berger, “Offshore Wind Toward 2020,” concludes a combination of industry trends will soon make offshore wind cost competitive with other generation sources in many markets.

Offshore Wind Benefits Sea Life

  Sometimes there’s mention in the press that wind farms harm wildlife. Typically, though these articles reference the damage done to bird and bats on land. What seems to get less mention in mass media is the potential benefit for sea creatures provided by offshore wind farms. A research study … [continued]

Wind Energy Roundup

  Some more top wind energy new from around the internet: Western Wind Energy Corp. is acquiring a whopping 4,000 MW of wind energy projects from Champlin/GEI Wind Holdings. “Cost of the acquisition is $20 Million US, payable by the issuance of 8 Million common shares at a deemed value of $2.50 per share US.” The … [continued]