The Mauritius Research Council (MRC) has invited expressions of interest for the development of offshore wind farms for the Republic of Mauritius.
Offshore wind was the brightest spot in the global clean energy investment picture in 2016 with capital spending commitments to this technology hitting USD 29.9 billion, according to the latest figures from Bloomberg New Energy Finance (BNEF). The industry saw a 40% increase in investment in 2016 co
A host of political events have had a negative impact on global wind power growth expectations through 2025, MAKE said in its Q4/2016 Global Wind Power Market Outlook Update. Anticipated cuts to wind power targets in China under the country’s upcoming Thirteenth Five-Year Plan headline the most impa
Offshore wind power has the potential to grow from 13 gigawatts (GW) in 2015, to 100GW in 2030, driven by technology advancements and further cost declines, according to new analysis from the International Renewable Energy Agency (IRENA). ‘Innovation Outlook: Offshore Wind’, launched at the World Wi
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
A report by KIC InnoEnergy and BVG Associates has identified fifty offshore wind innovations which have the potential to make a substantial reduction in the levelised cost of energy (LCOE) through changes to design, hardware, software or process. The report, ‘Future renewable energy costs: offshore
The global wind Operations and Maintenance (O&M) is estimated to increase from USD 10 billion in 2015 to USD 17 billion by 2020, at a compound annual growth rate of 11.2%, according to research and consulting firm GlobalData. The company’s latest viewpoint states that technological developments have
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
The registration for Offshore Energy Exhibition & Conference 2016 (OEEC 2016) is now open. The ninth edition of this event is expected to attract 11,500 offshore professionals and more than 650 exhibiting companies. Offshore Energy is an annual event focused on the complete offshore energy industry.
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 offshore wind industry will soon launch its latest reference guide: the Offshore WIND Vessel Directory 2016. This third edition of the directory, produced in close cooperation with the vessel builders and operators in the industry, offers an updated overview of the available vessels in the marke
