Search results for: BloombergNEF

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11 July 2019 R&D

The first half of 2019 saw a 14% decrease in global renewable energy investment compared to H1 2018, according to the latest report from BloombergNEF (BNEF). The H1 2019 global investment in renewables amounted to USD 117.6 billion, said to be mainly caused by the plunge in activity in China as it shifts away from government-set tariffs to […]

26 March 2019 Business & Finance, Technology

The benchmark levelized cost of electricity (LCOE) for offshore wind has fallen 24% since the first half of 2018, according to the latest analysis by BloombergNEF (BNEF). Auction programs for new offshore wind capacity, combined with much larger turbines, have produced sharp reductions in capital costs, taking BNEF’s global benchmark for this technology below USD 100 per […]

21 January 2019 Authorities, Business & Finance

The Jiangsu Province in China has approved 24 offshore wind projects with a total capacity of 6.7GW. The total investment in the projects will amount to CNY 122.29 billion, which is approximately USD 18 billion, the provincial authorities stated. According to the government-supported Xinhua Daily news site, the announcement is part of the province's 10GW offshore […]

20 January 2019

Siemens Gamesa Launches 10+ MW Offshore Wind Turbine Siemens Gamesa has launched the SG 10.0-193 DD, the company’s first 10+ MW offshore wind turbine. GE Haliade-X 12MW Prototype Finds Home in Rotterdam GE Renewable Energy and Future Wind, a joint venture of Pondera Development and Sif, have signed an agreement to install the first Haliade-X 12MW wind […]

17 January 2019 Business & Finance, R&D

Offshore wind attracted USD 25.7 billion of clean energy investment in 2018, a 14% increase compared to 2017, with China being the main contributor to the rise, according to a report by BloombergNEF (BNEF). The increase in 2018 numbers is largely attributed to 13 Chinese offshore wind projects beginning construction for a total of circa USD […]