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Review of 2016 - part two
WORLDWIDE: The merger and acquisition activity does not slow down with the major OEMs continuing to consolidate but the second half of the year is dominated by falling offshore costs. Windpower Monthly revisits some of the biggest stories from July to December.
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Latest news
Spain connected 1.7GW of wind in 2020 despite Covid
New installations dropped a quarter from Spain's comeback year in 2019, but trade body AEE believes country can reach 2030 renewables target
Iberdrola set to invest €150bn in renewables
The Spanish developer aims to develop a 95GW renewables portfolio by 2030, up from an interim target of 60GW by 2025
India's ReNew Power set for $8bn merger and US public listing
Indian renewables giant ReNew Power is due to merge with a US investment firm, creating a new company with an $8 billion enterprise value
Siemens Gamesa retains top spot in slow year for Indian wind
Last year saw the lowest level of wind commissioning in a decade in India as 1.1GW of onshore wind projects were added in 2020, according to BloombergNEF
SSE and Acciona team up for Iberian offshore wind
Acciona and SSE form an alliance to co-develop offshore wind farms off the coasts of Spain and Portugal, and potentially in other markets
CIP to use offshore wind for 1GW green ammonia plant
Investment firm Copenhagen Infrastructure Plans to build an offshore wind-powered, 1GW electrolysis plant on the west coast of Denmark
China Three Gorges to buy 400MW wind portfolio in Spain
CTGE agrees to acquire 11 wind farms with a capacity of more than 400MW and a PV plant in Spain from a group of developers led by Corporación Masaveu
Floating offshore wind could flourish in Asia as costs fall
The capital expenditure needed to pay for floating offshore wind in Asia Pacific could fall by 40% over the next decade, new research shows
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The transmission system operator claims reducing wind turbines’ output in times of excessive production can be a cost-effective, temporary alternative to grid expansion
Russia considers scrapping fines amid coronavirus pandemic
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