December 12, 2012
Berlin-based Germany Trade & Invest, the economic development agency of the Federal Republic of Germany, confirms Chinese companies are building factories in Germany. Citing an example, the agency mentioned that Chinese subsidiary Jade Werke will begin production of steel fundaments for offshore wind parks in Germany as early as 2013. The company is investing €50 million in a production plant in Wilhelmshaven, with construction planned to begin this summer.
According to the agency, last year, Germany installed 2,007 MW of wind energy capacity, bringing its total capacity to 29 GW. It added that the 30% growth of new installations still comes primarily from the onshore segment, but offshore wind will account for a growing share in the coming years.
This year alone, construction is expected to begin on six new offshore parks totaling 1,660 MW capacity along Germany’s North Sea and Baltic Sea coastlines. Growth rates in the onshore segment were strong last year, the policy framework has been improved, and the offshore market ready to take off, said Anne Braeutigam, wind energy expert at Berlin-based Germany Trade & Invest.
August 28, 2012
Morocco’s State-run power company, Office National de l’Electricite (ONE), has invited expressions of interest from companies for five wind energy projects with a total wind power generation capacity of 850 MW. Upon passing the preliminary phase, companies would be invited to bid in an international tender to be launched in the second quarter of 2012. Besides the five projects, the tender also includes a separate project of 200 MW capacity for procurement and maintenance purposes. The wind projects will be realised under a public-private partnership with ONE, the Energy Investment Company and King Hassan Fund, all owned by the State. Morocco aims to increase its wind farm capacity from the current 280 MW to 2,000 MW by 2020 at a total cost of $3.6 billion.
December 5, 2011
Siemens plans to invest €150 million over the next two years to expand its wind power business. The company is contemplating to open two research and development centres, and an offshore “centre of excellence” in Denmark. Siemens Wind Power CEO Jens-Peter Saul said further factories were being planned in the UK, Canada, Russia and India.
Meanwhile, Siemens has won its first ever offshore turbine order in China. Guodian-subsidiary Longyuan has given the manufacturer a 48 MW deal for the Rudong inter-tidal project located in Rudong county, Jiangsu province, western China. The project will use 21 Siemens SWT-2.3 MW, 101 turbines. The contract also includes a five-year service agreement. The turbine’ blades will be manufactured at its new Chinese facility.
In October last year, Longyuan won a tender to develop the 200 MW Dafeng offshore project.
In yet another development, Siemens has installed the first prototype of its 6 MW offshore wind turbine, the SWT-6.0-120, with direct drive technology. The prototype has been installed at Høvsøre in Denmark. The offshore wind turbine’s nacelle and rotor weigh under 350 tonnes, something that could cut the cost not only of the nacelle, but also the tower and supporting structures, Siemens says.
“In tendency large wind turbines have always been heavier per megawatt than small ones. The SWT-6.0-120 breaks this rule, having a weight per MW similar to that of many turbines in the 2-3 MW range,” says Henrik Stiesdal, CTO, Siemens Wind Turbine Business Unit. Serial production of the 6 MW offshore wind turbine is scheduled for 2014.
September 30, 2011
Mainstream Renewable Power and wind turbine manufacturer Sinovel Wind Group will build 1 GW of wind energy projects in Ireland by 2016. Mainstream will develop and construct the projects, with Sinovel providing wind turbines.
Sinovel may also consider local supply chain opportunities in Ireland if the Irish Government commits to long-term wind targets. The company’s Senior Vice-President, Mr. Lecheng Li, said, “The first of these projects in Ireland will go into construction later this year and we plan to supply Mainstream with a steady flow of turbines through 2012 and 2013 reaching an average of 250 MW per annum from 2014 onwards. As we gain certainty on project execution schedules we will review our plans for localising operation and maintenance activities as well as possible component manufacturing.”
In a recent development, the British government is considering subsidising the Irish wind energy industry under proposals to be considered in London. Britain believes the west coast and the seas around Ireland can provide it with a large amount of its renewable energy. Irish industry groups say such a move could be worth up to €1.6 billion a year to the Irish economy.
The British government is considering directly subsidising electricity through its feed-in tariff system, which would be a subsidy to private investors operating on Irish territory. It could also operate by a system known as “supplier obligation”, whereby British power companies would be mandated to buy a certain amount of renewable energy from Irish sources. Despite Ireland’s offshore wind potential, there is only one wind farm off Irish coasts.
August 30, 2011
Italian renewable energy group Falck Renewables has begun commercial operation of the first group of turbines at its 138 MW Buddosò and Alà dei Sardi wind farm inSardinia.
Falck Renewables said the wind farm will rank as Italy’s largest wind power plant when fully operational later this year and should produce 330 GWh of electricity annually. It will comprise 69. 2 MW turbines from German manufacturer Enercon
The project, which last year received a €230 million project financing loan, is expected to generate annual revenues of €50 million. Falck now has about 526 MW of installed RE capacity, primarily in wind energy, and is aiming at 1.1 GW by end-2014.
August 30, 2011
China is now the world leader in renewable energy investment, as developing countries overtook developed ones for the first time in the value of major “green” projects in 2010, according to a report released in Frankfurt. Renewable energy industry saw a great boom last year, with a record $211 billion worldwide flowing into the sector, surging about 30 per cent year-on-year, said the report titled “Global Trends in Renewable Energy Investment 2011.”
The report was based on a study jointly conducted by the Frankfurt School of Finance and Management, the United Nations Environment Program (UNEP) and the news service Bloomberg New Energy Finance.
In 2010, a total of $48.9 billion were directed into green energy and technology research, particularly for wind farms, inChina. The report said wind energy projects are attracting the largest investment worldwide, with the volume jumping 30 per cent to $94.7 billion last year. Solar energy bagged $86 billion, while energy production from biomass and waste took the third place with $11-billion investments.
June 15, 2011
A report released by an American organisation, Pew Charitable Trust has projected that on a business-as-usual basis, $1.7 trillion would be invested globally in renewable technologies such as solar, wind, biomass and other low-carbon forms of electricity generation over the next decade. However, this would still be $546 billion short if the G-20 governments do not adopt more aggressive policies toward climate change.
The report, titled Global Clean Power: A $2.3 Trillion Opportunity, models three scenarios over the span of the next decade: A continuation of the status quo, the adoption of Copenhagen policies, and more enhanced clean energy policies. The highlight of the document is the claim that the UK will strengthen its position as an investor in green technology globally, increasing its spending by 260 per cent over the next decade. However, it will still fall short of India, which will nudge ahead into third place by 2020, behind China and the US.
Asian countries – particularly China and India – are expected to pour investment into clean energy regardless of what policies are adopted. Under the ‘enhanced policy scenario’, China, which last year became the world’s biggest investor in clean energy, is expected to triple spending over the next decade to over $ 90 bn per year by 2020, with more than half going on wind power. Chinese spending is forecast to be almost twice that of the second biggest spender, the US. Mature markets such as Germany, where renewables have enjoyed significant investment for some time, are expected to see investment levels decline over the decade.