Global Wind Fleet to grow 62% by 2024 — IEA

The IEA forecast 1.22TW of new renewable energy capacity being installed worldwide between 2020 and 2024, including 351GW of new wind capacity, while offshore wind almost triples in capacity. Total wind power capacity is expected to grow 62% in the IEA’s main case... read more

Groix and Belle-Ile OWF Selects MHI Vestas

MHI Vestas Offshore Wind, a joint venture between Vestas Wind Systems A/S and Mitsubishi Heavy Industries,  has been selected as the preferred supplier for the Groix & Belle-Île floating offshore wind project in France. At a royal signing ceremony today in Paris,... read more

Equinor halves Arkona share

Equinor owned a 50% share of the project, which was completed in October 2018. It will now own 25%, alongside the funds managed by Credit Suisse, while the remaining 50% is owned by RWE Renewables after the merger deal with E.on. Equinor, then Statoil, joined the... read more

Repowering Potential for SGRE in Senvion Deal

Following a unanimous creditors’ assembly vote last week, the two companies entered an exclusivity agreement allowing Siemens Gamesa Renewable Energy (SGRE) to pursue negotiations for a purchase of “selected services and onshore assets” from Senvion.... read more

Vestas cuts Jobs Due to Lack of European Interest in 4MW

In an email to employees seen by Windpower Monthly, the manufacturer explained it was responding to “lower European market demand” and needed to “sustain (its) competitiveness”. The manufacturer currently employs over 600 people in production... read more

Technological Progress Pumps Up US Project Performance

The DoE’s latest wind technologies market report, compiled by the Lawrence Berkeley National Laboratory, found an average capacity factor in 2018 of 42% for projects built since 2014. By comparison, the wind farms that came online from 2004 to 2011 achieved an... read more

First Major US Offshore Wind Farm delayed by Government

Christopher Martin and Jennifer A. Dlouhy, Bloomberg The Trump administration cast the fate of the nation’s first major offshore wind farm into doubt by extending an environmental review for the $2.8 billion Vineyard Wind project off Massachusetts. The Interior... read more