Category Archives: Wind Energy

South Korea Unfolds US$43 Billion Offshore Wind Power Project and Aims to Construct the Largest 8.2GW Wind Farm in the World

published: 2021-03-12 9:30 | editor | category: News
South Korea subtly accounts for 35% of global offshore wind farm projects, and has announced an investment of KRW 48.5 trillion (approx. US$43.2 billion) on establishing the largest offshore wind farm at 8.2GW (= 8,200 MW = 8.2 million kWh), which not only accelerates the installed capacity and development of renewable energy, but also rejuvenates the post-pandemic economy through development projects of large power plants. ...  more

Desire for Wind Power Supremacy Drives Denmark to Build Largest Artificial Island in History

published: 2021-02-23 9:30 | editor | category: News
As a country famous for its development of wind energy, Denmark has an advantage in obtaining additional sources of new energy because of its vast shorelines, despite being constrained by its limited landmass. As the E.U.’s new energy targets bring impending changes to the energy ecosystem, Denmark will now construct a massive offshore artificial island to create more new energy hubs, expected to provide tens of millions of households in Europe with electricity eventually. ...  more

Will Wake and Blockage Effects Affect the Profitability of Offshore Wind Farms?

published: 2021-02-19 9:30 | editor | category: News
Major Danish offshore wind power provider Orsted, driven by worries over its underestimation of the range and complexity of the wake and blockage effects in 2019, revised down the weighted ROI forecasts of certain bidding offshore wind farms while simultaneously pointing out that the underestimation is a risk on a global scale for the wind power generation industry. ...  more

US Sees 70% of New Power Generation from Wind and Solar Energy, with Merely 16% from Gas-Fired Power Generation, in 2021

published: 2021-02-13 9:30 | editor | category: News
The US has always been a major country in carbon emission, and Trump had even emphasized on the revival of the coal industry, though both the coal industry and coal-fired power generation are expeditiously exiting from the stage despite the significant support from the former US president under the inevitable trend of technical advancement and market economy. ...  more

Orsted’s Greater Changhua South East Offshore Wind Farm Attracts New Investors for Additional Investment of NTD$75 billion

published: 2021-01-08 18:30 | editor | category: News
Orsted announced on Dec 29th that the 605MW Greater Changhua South East Offshore Wind Farm will be incorporating with new investment, for which the joint venture formed with the global institutional investor CDPQ (Caisse de dépôt et placement du Québec) and Cathay PE of Taiwan will obtain 50% of shares for the particular wind farm, with a total investment of NTD$75 billion. ...  more

South Korean Firm Enables Development of Wind Energy in Urban Areas with a New Design for VAWT

published: 2020-12-15 18:30 | editor | category: News
The deployment of conventional three-bladed horizontal-axis wind turbines (HAWT) on land and sea continues to expand worldwide thanks to technological advances and support from governments. However, the development of vertical-axis wind turbines (VAWT) is quietly gaining momentum as well. Recently, ODIN Energy, a firm based in South Korea, has introduced a design for VAWT that may finally allow for the development of wind farms in densely populated urban areas. ...  more

Offshore Wind Zonal Development Bids to Be Finalized by Year-end, and Developers Urged to Start Next Year and Ensure Actual Contracting

published: 2020-10-26 18:30 | editor | category: News
The BOE had originally scheduled to officially launch the "zonal development" bidding process in the second quarter of 2021 to give priority to those who have already passed the EIA. However, due to concerns about the lack of preparation by local supply chain manufacturers, the launch has been postponed to 2022 in August. Many manufacturers have made suggestions in this regard. ...  more

Europe’s Power Generation from Renewable Energy (Wind Power and Hydropower) Surpasses Fossil Fuel and Nuclear Energy for 6 Consecutive Quarters

published: 2020-10-26 18:30 | editor | category: News
Renewable energy has become a prominent power source in Europe. According to the analysis of UK power industry analysis company EnAppSys, the power generation of clean energy has surpassed that of nuclear energy and fossil fuel for 6 consecutive quarters, though the research team also discovered that solar energy, which experienced a surging power generation in the second quarter, had sustained a decline in power generation during the third quarter. ...  more

This Portable Wind Turbine Generates Power While On the Move

published: 2020-10-21 18:30 | editor | category: News
We would often think about the large “fans” that measure in more than 100m in height when we mention wind turbines, though Chinese scientists have recently subverted our imagination and developed a small portable wind turbine that is able to provide electricity for low cost and small detectors as well as LED, as long as there is wind while one walks when carrying it. ...  more