global wind market Articles
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Is Wind Power Becoming More Competitive?
The power generation of the world has increased incredibly during the past few years. According to the latest Global Wind Report Annual Market Update 2014 from the Global Wind Energy Council (GWEC), it is reported that the global wind power market increased by about 10% in 2013 alone. Within the United States, more than 200 gigawatts of wind power has been produced within 2013. All these ...
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Presenting the Leader in Wind Project Installations – Asia
Wind power has shown great potential in the last decade. And Asia has been leading the mandate for wind project installations, both onshore and offshore. The International Renewable Energy Agency (IRENA)’s Future of Wind report makes a number of predictions about wind asset management in the region. According to their analysis, Asia’s traditional, onshore power capacity could jump to ...
By Powerhub
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What’s the Future of R&D in the Wind Industry?
When the wind industry finally reacted to the world’s financial crisis—it didn’t fully hit us until 2010—at once, we lost both an incredibly vibrant global wind market and sufficiently robust profit margins. The market recovery is rebounding nicely now, thanks largely to government incentives, but profit margins will probably never fully recover—at least, not to the ...
By NRG Systems
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Siemens Gamesa buys 8.9 GW of Senvion service contracts; Norway to build floating wind farm at oil platform
Siemens Gamesa expands services portfolio to 69 GW with Senvion deal Siemens Gamesa has agreed to buy 8.9 GW of service contracts from embattled turbine supplier Senvion as well as the German group's onshore blade manufacturing plant in Portugal, the companies announced October 21. The 200 million-euro ($222.8 million) deal will expand Siemens Gamesa's operations and maintenance (O&M) ...
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Norway seeks major role in floating wind supply chain
Norway is hosting first-of-a-kind floating wind projects and opening up new sea areas for technology development, aiming to turn oil and gas know-how into renewable trade exports. Two recent announcements by Norway's government highlight the momentum gathering behind Norwegian floating wind development. In August, Norwegian state fund Enova agreed to fund NOK2.3 billion ($252 million) ...
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