Category Archives: Wind Energy

Wind Tower Market Highlights the Impact of COVID-19 2020-2024: Increasing Demand for Heightened Wind Towers to Boost Market Growth

published: 2020-08-12 4:00 | editor | category: News
Technavio has been monitoring the wind tower market and it is poised to grow by USD 6.75 billion during 2020-2024, progressing at a CAGR of 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. ...  more

Boralex Completes $805 Million Refinancing for its Niagara Region Wind Farm (230 MW) in Ontario, Canada

published: 2020-08-11 22:00 | editor | category: News
Boralex Inc. ("Boralex" or the "Corporation") (TSX: BLX) is pleased to announce that it has completed the approximately $805 million refinancing over 16 years for its 230 MW Niagara Region Wind Farm (NRWF) in the Niagara Peninsula, Ontario, Canada. NRWF was commissioned on November 2, 2016 and is held in partnership with the Six Nations of the Grand River Indigenous community. Boralex operates the site and has a 50% stake in the farm. ...  more

Wire and Cable in Renewables, Part 1: Onshore wind - an essential part of the energy transition roadmap

published: 2020-08-11 12:00 | editor | category: News
 Limiting the increase in global average temperature to, or below, 1.5-2˚C versus the pre-industrial level is the ultimate goal as outlined in the Paris Agreement. To realise a low-carbon future, this requires a unified large-scale transition to clean energy and electricity generation by renewables plays a critical role in this shift. Renewables are expected to provide 30% of global electricity generation by 2024, according to the International Energy Association (IEA). ...  more

Germany Wind Power Market Report 2020-2025: COVID-19 Implications

published: 2020-08-04 10:00 | editor | category: News
In 2019, around 60.4 GW of new wind power capacity was added globally, making it the second-largest year in history and close to the largest year in 2015 (63.8 GW), bringing global cumulative wind power capacity up to 651 GW. The massive wind turbine installation was primarily the result of a strong year in both China and the US: the world's two largest markets ahead of the expiry of Feed-in Tariffs (FiT) for onshore in the first country and the PTC (extended until the end of 2020 in Dec 2019) in the second. ...  more