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Offshore wind spending reaches record high in 2019

Offshore wind spending reaches record high in 2019

A late surge of offshore wind farm financings in the fourth quarter helped make 2019 a record year for the sector, while total investments in wind power capacity rose 6% year on year, according to new figures.

Editor's Picks

Subsidy-free wind farm wins first Lithuanian tender

Subsidy-free wind farm wins first Lithuanian tender

A 75MW wind farm has secured priority access to the grid with a zero-subsidy bid in Lithuania's first renewable energy tender.

WindEconomics: IEA bullish on offshore growth and falling costs

WindEconomics: IEA bullish on offshore growth and falling costs

The International Energy Agency (IEA) has published a detailed report on the prospects for offshore wind, including the global resource, the economics and likely future trends.

Poland starts talks on 10GW-plus offshore plans

Poland starts talks on 10GW-plus offshore plans

The government has unveiled a first draft of a long-awaited offshore wind act, which outlines more than 10GW of capacity to be awarded by 2028.

Developers seek more time after election spooks financiers

Developers seek more time after election spooks financiers

Developers are urging Argentina's authorities to give them more time to build renewable energy projects as the return of the Peronist movement to government sends shivers through financial markets.

EU unveils €1 trillion green spending package

EU unveils €1 trillion green spending package

The European Union’s (EU) €1 trillion green investment plan could help finance innovative technologies that deliver on climate neutrality, according to industry body WindEurope.

Andhra Pradesh issues first payments after standoff

Andhra Pradesh issues first payments after standoff

Generators in Andhra Pradesh are finally receiving some of the payments for power from their wind projects after months of deadlock with the local government.

PARTNER CONTENT

In Depth

Turbines of the year 2019: Onshore turbines up to 3.4MW

Still a high-volume sector, but one that western OEMs are eschewing in favour of higher-rated machines and the offshore sector, leaving China's turbine makers to dominate.

Turbines of the year 2019: Innovations

Installation solutions for onshore and offshore applications lead the way.

What is missing for floating wind to flourish?

Floating offshore wind enjoyed much more visibility and a larger slice of the action than it usually does at WindEurope's Offshore 2019 exhibition and conference in Copenhagen, Denmark.

Turbines of the year 2019: Rotor blades

Ever longer and generally lighter units mark the top contenders in a hotly contested class.

Turbines of the year 2019: Drivetrains

Focus shifts to medium-speed geared and direct-drive solutions.

Opinion

Wind OEMs are having to fight on many fronts

The prominence of Chinese machinery in our selection of the year's best new wind-energy hardware cannot be ignored. It is partly a result of the country's leading OEMs finally being prepared to share more details of their product developments.

Viewpoint: How blockage effects skew energy-yield forecasts

After correcting some key methods behind the original estimates, major offshore wind developer Ørsted recently made news with a downward revision of the expected internal rate of return for seven of its offshore wind projects.

OEMs face the abyss in Germany

The slowdown decimating Germany's onshore sector has come as little surprise. Following the 2017 tenders ­-- which were dominated by citizen-owned projects that have longer development times because they did not need permits to enter ­-- it was clear to most in the industry that there would be a dip in installations.

The real world needs action now

Fatih Birol, executive head of the International Energy Agency (IEA), is not alone in recognising a "growing disconnect" between what is being discussed in climate summits and reports, what policymakers are actually doing about it, and what is happening in real life.

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