Wind power could reach 2,110 GW by 2030, supply up to 20% of global electricity and attract annual investment of about EUR 200 billion, if the governments across the globe turn out to be serious about meeting the targets set out in the Paris Agreement, the Global Wind Energy Council (GWEC) said in i
The total installed wind capacity is expected to reach 500 GW by the end of 2016 and cover 5% of global power supply, according to the World Wind Energy Association (WWEA). The worldwide wind capacity reached 456,486 MW by the end of June 2016, out of which 21,714 MW were added in the first six mont
Global clean energy investment had its weakest quarter since 2013 between July and September this year, under the impact of a summer lull in offshore wind financings in Europe and a further stage in the slowdown seen this year in project funding in China and Japan, according to Bloomberg New Energy
The European Parliament has approved the ratification of the Paris Agreement by the European Union. With the approval by the European Parliament, the European Council can now formally adopt the Decision. In parallel the EU Member States will ratify the Paris Agreement individually, in accordance wit
Wind turbine makers are set to benefit from the Paris Climate Agreement (COP21) as the call for increased investments to meet a targeted reduction in CO2 emissions is expected to positively impact their sales figures, according to Moody’s Investors Service. The increased investment, particularly in
Eddie O’Connor, the founder and CEO of Mainstream Renewable Power, has been appointed as the Global Wind Energy Council’s (GWEC) new Global Ambassador. In his new role, O’Connor will work with GWEC to ensure that the wind sector’s voice is heard, and that more and more countries understand the benef
The International Renewable Energy Agency (IRENA) has launched a new version of the Global Atlas for Renewable Energy, the online renewable energy mapping platform, which now allows users to download resource data for offline analysis, and to print and export map images. The enhancements include an
A day-long celebration will today mark the opening for signature of the Paris Climate Change Agreement at the United Nations headquarters in New York, with more than 160 countries having expressed their intention to sign the agreement. Events will start at 8.30 am EST with an opening ceremony in the
Renewable generation capacity increased by 152 gigawatts (GW) or 8.3% during 2015, the highest annual growth rate on record, according to new data released by the International Renewable Energy Agency (IRENA). Renewable Capacity Statistics 2016 finds that as of the end of 2015, 1,985GW of renewable
Global energy-related carbon dioxide emissions (CO2), the largest source of man-made greenhouse gas emissions, stayed flat for the second year in a row as renewable energy surged, according to analysis of preliminary data for 2015 released today by the International Energy Agency (IEA). “The new fig
Developing renewable power resources such as wind and solar presents a USD 12 trillion investment opportunity over the next 25 years, Michael Liebreich, chairman and founder of Bloomberg New Energy Finance, said during the Investor Summit on Climate Risk held at the United Nations’ headquarters in N
The Offshore WIND staff would like to wish all our readers a happy, prosperous, and offshore wind-powered 2016! Happy New Year! Image source: Marc Pearce
National climate pledges in emerging markets and an ambitious deal in Paris could spark an export boom for the European wind industry, according to the European Wind Energy Association (EWEA). China, India, Morocco, Brazil and Turkey are just a few of the countries that have made post-2020 national
The UN Climate Change Conference in Paris was officially opened at 10 am local time today, and will kick off with a Leaders Event where an estimated 150 presidents, prime ministers and heads of states will deliver their speeches. This is the twenty-first session of the Conference of the Parties (COP
