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GWEC Market Intelligence releases Q1 2020 Wind Auctions Database

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As part of GWEC Market Intelligence’s services, the database on global wind auctions is an important tool for the industry to stay up-to-date on all the latest developments and business opportunities around the world. While the industry has been impacted by the COVID-19 crisis and auctions have been delayed or postponed in a few countries, other countries have found solutions to continue their scheduled auctions to continue driving forward wind power growth.

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COVID-19 and impacts on global wind supply chains

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Of all the possible shocks any of us thought we would have to deal with only a few short weeks ago, a deadly, global pandemic in the form of Covid-19 just wasn’t on anybody’s
radar. Like many other manufacturing or service enterprises, supply chains in the wind sector will continue to be impacted in the weeks and months ahead. Some project mile-stones
will be deferred, with impacts being felt throughout the whole value chain, whilst at the operational level; turbines, blades, component and material orders will be cancelled or unfulfilled.

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Vietnam Needs to Act Now to Mitigate Wind Development Disruptions

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As the COVID-19 pandemic widens overseas, many Asian countries now going through a second wave of outbreak and massive lockdowns continue to be in effect across South East Asia (SEA). Amid the dark clouds, GWEC Asia has not slowed down our policy efforts and have taken massive steps forwards in one of our priority markets: Vietnam.

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Market To Watch: Vietnam

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With a coastline of more than 3,000 km and an average wind speeds of 8m/s-9m/s in the south, Vietnam´s potential to develop and generate wind power is substantial. In two reports both by the World Bank Group, Wind Resource Atlas and Going Global: Expanding Offshore Wind to Emerging Markets, a whopping 24 GW of onshore and 475 GW of offshore wind technical capacity was identified across Vietnam. By the end of 2019, Vietnam has a total cumulative installed wind power capacity of 487.4 MW, which includes 99 MW of intertidal projects, the first of its kind in the ASEAN region. Due to the strong flows of foreign and domestic investors into Vietnam’s wind sector, the market is predicted to install approximately 4 GW of wind capacity by 2025.

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Energy Transition Talks: Aleksandra Klassen of RE100/The Climate Group

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Ahead of GWEC’s inaugural London Energy Transition Dinner in September 2020, we are tackling some of the big issues that we need to address in order to accelerate the global energy transition. In this month’s edition of our Energy Transition Talks, we spoke with Aleksandra Klassen, RE100 Senior Impact Manager at The Climate Group.

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