Installing wind power will represent investment of arround €550 billion over the next eight yearsWood Mackenzie, the energy, chemicals, renewable energy, metals and mining global research and consultancy group, has determined that investment in wind power –one of the pillars of the global renewable energy industry– will grow by 8% over the next eight years, reaching €55 billion annually. This energy, which accumulates 591,000 MW installed worldwide, would mean a total investment of €5 billion over the course of 2020-2028.The consultant clarifies that these figures are based both on the increase in offshore demand, which has risen by up to 20%, and on the rise in the price of turbines themselves. Numerous associations, such as Wind Europe, back up the key role this industry plays in achieving the climate...
Tag: wind power
Russia announces a huge renewable energy tender
Moscow has published a 1.3 GW wind power and 430 MW solar power offer by 2021 New investment opportunities are appearing in the Russian Federation. Putin´s government announced, the past month, that new renewable energy tenders will happen during the next years in two big bid openings. Moscow, that actually generates the 17% of its energy by renewable resources, has the aim on increasing the green energy by a new strategy published on the official website of the ATS (Russian Administrator for Electricity Trading System) the last March 10th, 2017. The roadmap, that can be consulted in the website, clarifies that wind power projects will be selected during the competition: for 2018 - with a total capacity of 250 MW, for 2019 - 300 MW, for 2020 - 240 MW and for 2021 - 500 MW. The results of the selection, that stills open, will be shown by June June 30th 2017. In...