20 January 2017 11:30 AM GMT

New investment in clean energy worldwide fell 18% last year to $287.5bn, despite a record year for offshore wind, according to latest figures from Bloomberg New Energy Finance. Chinese slowdown and falling costs of solar power were two of the reasons. However, even though overall investment in clean energy was down in 2016, the total capacity installed was not. Estimates from BNEF’s analysis teams are that a record 70GW of solar were added last year, up from 56GW in 2015, plus 56.5GW of wind, down from 63GW but the second-highest figure ever.

January 20th 2017
Tata Commissions Solar And Wind Projects, Strengthens Position In India

Speaking on this, Rahul Shah, CEO & Executive Director, Tata Power Renewable Energy Limited, said, “With the commissioning of these 2 projects, TPREL continues to fortify its position of being the largest renewable energy company in the country. Our strategic approach is in line with Tata Power’s aim to expand its clean energy portfolio up to 35-40% by 2025. We are extremely proud of this development and we continue to seek to grow our portfolio in India and in select international markets through organic and inorganic opportunities.”

January 11th 2017
New Energy Record In UK: Wind Outperforms Coal In 2016

New statistics by Carbon Brief shows that more electricity was generated by wind than coal in 2016. It’s the first time that wind has surpassed coal for an entire year, generating 11.5% of the UK’s power, compared to just 9.2% from coal. Overall, a quarter of the UK’s electricity came from renewables in 2016. This milestone is a significant first for the UK, reflecting a massive decline in coal generation, which contributed just 9.2% of UK electricity last year, with 11.5% from wind. The coal collapse has seen its output fall to the lowest level since 1935.

December 29th 2016
First Belgian Win For Siemens. 309 MW Offshore Wind Project Powering 300K Homes

Siemens has successfully entered the Belgian offshore wind market with a first order for the 309MW Rentel wind project. The customer is Rentel NV, part of the Otary partnership, a conglomerate of leading specialists from the Belgian renewable energy industry including investment and development companies. Siemens will supply, install, commission and service 42 wind turbines of the large direct drive platform. The output of the power plant will be sufficient to supply over 300,000 households in Belgium with clean power.

December 22nd 2016
New Low Carbon Era Arrives for the UK. Renewables Now Mainstream, Wind Central

New Government figures show that the UK has passed the point where we have a low carbon electricity system. For the first time, renewables and nuclear are delivering 50% of our electricity, thanks to continued dramatic growth in renewable generation. Coal use and fuel imports are falling dramatically in response as we balance our economy, increase energy efficiency, cut costs and cut carbon.

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December 20th 2016
Belgium’s Largest Offshore Wind Park Selects Wind Turbines From Vestas

MHI Vestas Offshore Wind was awarded the firm & unconditional contract for the 370 MW Norther offshore wind power plant in Belgium. The project is owned by Norther N.V. a JV between Elicio and Boreas (Eneco & Mitsubishi Corporation). and will be developed with the three sponsors Elicio N.V. (50%), Eneco (25%) and Mitsubishi Corporation (25%). Norther is located off the coast of Zeebrugge and is able to produce clean energy for 400,000 Belgian households, contributing significantly to Belgium meeting its target of generating 13% of its energy from renewable sources by 2020.

December 15th 2016
AkzoNobel Acquires BASF’s Industrial Coatings Business, Strengthens Position

AkzoNobel has finalised the acquisition of BASF’s global industrial coatings business, positioning it as a provider capable of protecting every part of a wind turbine and offering a single source of supply to customers. The agreement includes all relevant technologies, patents and trademarks, as well as two manufacturing plants in the UK and South Africa. Approximately 400 employees from BASF’s industrial coatings business will now join AkzoNobel. The transaction is valued at €475 million, with BASF’s business generating revenue close to €300 million in 2015.

November 28th 2016
Gamesa Consolidates In India, Boosted By 304 MW At Five More Wind Farm Projects

Gamesa continues to make further inroads into the Indian market. It has been present in India, where it has installed over 3,000 MW, since 2009. According to MAKE Consultancy, it is the leading OEM in India, with a market share of 34% in 2015 (up from 25% in 2014), having dominated this market for three years in a row. Gamesa’s key position in the Indian market is a significant attractor for Siemens, which has agreed in June, this year, to merge its wind business with its Spain-based rival; and according to Gamesa, Make is anticipating India’s wind market to add 30GW by 2025.

November 28th 2016
Vattenfall Wins 600MW Offshore Project For The Largest Wind Farm In The Nordics

Vattenfall has won the tender to build Kriegers Flak, a 600 MW offshore wind farm in the Baltic Sea. The winning bid was €49.9 per MW, which is among the lowest costs in the world for offshore wind power. It will be Denmark’s largest offshore wind farm; supplying 23% of all households in Denmark, 600,000 in total, with clean energy. Vattenfall’s investment will be €1.1–1.3Bn, pending a final decision. Kriegers Flak is part of Denmark’s 2012 agreement to become a green and resource efficient economy entirely independent of fossil fuels by 2050.

November 3rd 2016
Nordex Wins 111MW Wind Turbines Order For Projects In Turkey

The Nordex Group is strengthening its position in Turkey: the manufacturer recently received 3 new orders from its customer, Eksim Yatirim. Nordex is to install a total of 37 N117/3000 wind turbines for Eksim. The wind market in Turkey has expanded greatly in the past 10 years, from 150MW to more than 5GW in installed capacity. Since entering the market in 2007 Nordex has installed a good 1.3GW in Turkey, making it the market leader according to the latest report by the Turkish Wind Energy Association.

November 2nd 2016
Technology, Lower Costs Drive Offshore Wind Boom Towards Growth Of 650% By 2030

Offshore wind power could grow more than 650% by 2030, according to a new analysis from the International Renewable Energy Agency (IRENA). “It’s poised to become a leading power generation technology in a decarbonised global economy,” said Adnan Z. Amin, Director-General of IRENA, this week, at the World Wind Energy Conference. “Now that onshore wind power is cost-competitive with conventional power generation technologies, more attention is shifting to offshore applications, characterised by high technical power generation potential”.

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