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 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

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

Envision Group, a world-leading greentech company, today announced the commissioning of the Peninsula Wind Farm project in Yucatan, Mexico with a total installed capacity of 90 megawatts. ...  more

The global wind power market demand is expected to reach 88.1 GW by 2027, expanding at a CAGR of 5.2%. The market is driven due to the increasing demand for clean and affordable energy. ...  more