Alyssa Pek

A gust of growth in China makes 2020 a record year for wind energy

The 2020 new wind power capacity figures for China, released yesterday by the National Energy Administration (NEA), are truly formidable. The NEA announced that a staggering 71.7 GW of new wind capacity was installed last year – more than double China’s previous annual growth record and far exceeding GWEC’s Q3 2020 expectations.

A gust of growth in China makes 2020 a record year for wind energy Read More »

Global wind O&M service market to see double digit growth from 2020 to 2024

GWEC Market Intelligence has published the second edition of its annual Wind O&M Service Provider Overview and Database, which shows that the global wind O&M service market is set to experience a major boom over the next five years. While the latest GWEC Market Intelligence market outlook expects a solid 3 per cent compound annual growth rate (CAGR) for new wind installations from 2020-2024, the CAGR for the aftersales and service market is expected to be in the double digits over the same period.

Global wind O&M service market to see double digit growth from 2020 to 2024 Read More »

GWEC and Informa join forces to create world leading wind energy events

The Global Wind Energy Council (“GWEC”), the trade organisation representing the global wind industry, and Informa Markets, the world’s leading global events and digital business, have announced a strategic long-term partnership that will create a series of world leading wind power and energy transition events from 2021 onwards. Informa’s world-class expertise in organising live and digital events, will strongly propel GWEC’s mission of developing new and emerging markets for wind energy, scale the industry’s geographic footprint and foster dynamic debates among global stakeholders.

GWEC and Informa join forces to create world leading wind energy events Read More »

GWEC: Proposed Feed-in-Tariff reduction could “seriously damage” growth of wind power in Vietnam

The Global Wind Energy Council (GWEC) welcomes the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. However, the proposed dramatic reduction to the FIT risks seriously damaging the growth of Vietnam’s promising wind power sector, slowing down investment and the creation of new jobs and making it harder for Vietnam to meet growing energy demand.

GWEC: Proposed Feed-in-Tariff reduction could “seriously damage” growth of wind power in Vietnam Read More »

OREAC: 1,400 GW of offshore wind by 2050 achievable with increased government commitment and collaboration

The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1,400 GW of offshore wind by 2050. To support the rapid, global scale-up of ocean-based clean energy, OREAC has published ‘The Power of Our Ocean’ as a guiding document for countries to accelerate offshore wind development and reap the socioeconomic, environmental and health benefits it can offer.

OREAC: 1,400 GW of offshore wind by 2050 achievable with increased government commitment and collaboration Read More »