Wind power

Energy Transition Market to Reach $5.6 Trillion, Globally, by 2031 at 9.3% CAGR: Allied Market Research

Retrieved on: 
Tuesday, January 24, 2023

PORTLAND, Ore., Jan. 24, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Energy Transition Market by Type (Renewable Energy [solar energy, wind energy, bioenergy, and hydropower], Energy Efficient, Electrification, hydrogen, and other) by Application (residential, commercial, and utility-scale), And Region (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031" According to the report, the global Energy Transition industry generated $2.3 Trillion in 2021, and is estimated to reach $5.6 Trillion by 2031, witnessing a CAGR of 9.3% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.

Key Points: 
  • Surge in demand for Energy Transitions, for use of solar energy and growth in solar farm in developing nations drives the growth of the global Energy Transition market.
  • Increase in popularity of transition technology owing to its employment in electricity generation, to provide electricity for residential buildings at a low cost is anticipated to drive the growth of the energy transition market.
  • On the other hand, technological limitations and Geopolitical concerns for energy transition impede the growth to some extent.
  • By renewable energy type, Wind Power accounted for the largest revenue share and is projected to grow at the fastest CAGR of 9.9% in the global energy transition Market.

Global Epoxy Adhesives Market Report 2023: Growing Demand for Lightweight and Low Carbon-Emitting Vehicles Bolsters Sector - ResearchAndMarkets.com

Retrieved on: 
Monday, January 9, 2023

The epoxy adhesives market is projected to grow from USD 9.2 billion in 2022 and is projected to reach USD 11.7 billion by 2027, at a CAGR of 5.0%, between 2022 and 2027 period.

Key Points: 
  • The epoxy adhesives market is projected to grow from USD 9.2 billion in 2022 and is projected to reach USD 11.7 billion by 2027, at a CAGR of 5.0%, between 2022 and 2027 period.
  • Two-component epoxy adhesives, by type segment in Asia Pacific region is expecting a boom in the forecasted period and will lead to an increase in the demand for epoxy adhesives market.
  • Two-component epoxy adhesives account for the largest market share in terms of value.
  • One-component epoxy adhesive is a fast-growing segment in the overall epoxy adhesives market because of its advanced properties, which include instant curing properties, solvent-less system, and superior resistance against loads or pressure.

Evfor Commissions over 1500 MW of Hybrid Power Plants Worldwide

Retrieved on: 
Thursday, January 5, 2023

Evfor is a green energy company that provides a renewable solution. Recently, the company announced the new initiative of commissioning over 1500 MW of hybrid power plants worldwide.

Key Points: 
  • Singapore, Singapore--(Newsfile Corp. - January 5, 2023) - In the latest record, Evfor is pleased to announce the commissioning of over 1500 MW of hybrid power plants worldwide.
  • The company's first three solar projects, located in South Africa, Ethiopia, and Australia, will have a combined power capacity of 1500 MW.
  • In addition, Evfor will establish wind energy plants in South Africa and China, with a combined capacity of 100 MW.
  • Revenue Streams in Evfor green energy: Investing in Evfor is about putting money into plans using power generated from natural sources.

Equinor Launches Expo to Bring New Suppliers into Offshore Wind Supply Chain

Retrieved on: 
Wednesday, December 14, 2022

More than 80 manufacturers attended the expo which is designed to help local and regional manufacturers participate in New Yorks new offshore wind industry and connect them directly with Equinor and its key suppliers.

Key Points: 
  • More than 80 manufacturers attended the expo which is designed to help local and regional manufacturers participate in New Yorks new offshore wind industry and connect them directly with Equinor and its key suppliers.
  • The Supply Chain Expo is a great opportunity for New York businesses to learn how to get involved in this exciting industry.
  • Offshore wind is still new to the United States, and Equinor and bp are committed to helping create a new and vibrant regional supply chain.
  • Nexans is committed to building a local and sustainable supply chain for offshore wind and are excited to participate in Equinors Supply Chain Expo to learn more about the opportunities in New York, said Bjorn Ladegard of Nexans.

Global PET Foam Market Report 2022 to 2027: Rising Trend of Using Recycled Materials Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 3, 2022

The PET foam market growth is estimated to be majorly driven by growing economies of Asia Pacific region.

Key Points: 
  • The PET foam market growth is estimated to be majorly driven by growing economies of Asia Pacific region.
  • Recycled PET foam dominated the PET foam market, by raw material in terms of value and volume, in 2021
    Recycled PET foams offer several benefits such as cost-effectiveness and reduced carbon footprint.
  • Low-density PET foam dominated the PET foam market, by grade in terms of value and volume, in 2021
    The low-density PET foam dominated the PET foam market, in terms of volume and value, in 2021.
  • Wind energy application dominated the PET foam market, in terms of value and volume, in 2021
    The wind energy application segment dominated the PET foam market, in terms of volume and value, in 2021.

Basalt Fiber Global Market Report 2022: Increase in Demand for Non-Corrosive Materials Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, October 24, 2022

The global basalt fiber market size is projected to grow from USD 286 million in 2022 to USD 517 million by 2027, at a CAGR of 12.5% between 2022 and 2027.

Key Points: 
  • The global basalt fiber market size is projected to grow from USD 286 million in 2022 to USD 517 million by 2027, at a CAGR of 12.5% between 2022 and 2027.
  • This growth is estimated to continue in the coming years to meet the growing demand from end-use industries such as construction & infrastructure, automotive & transportation, electrical & electronics, and others.
  • Among all the countries in this region, China is the major basalt fiber market.
  • Continuous form of the basalt fiber are the fastest-growing form type of basalt fiber market in terms of value.

Gazelle Wind Power Confirms Offshore Wind Platform Design Principles

Retrieved on: 
Wednesday, October 19, 2022

Gazelle Wind Power (Gazelle), the developer of a hybrid modular floating offshore wind platform , has received the results of its basin model tests at the Environmental Hydraulics Institute - University of Cantabria (IHCantabria) facilities in Spain.

Key Points: 
  • Gazelle Wind Power (Gazelle), the developer of a hybrid modular floating offshore wind platform , has received the results of its basin model tests at the Environmental Hydraulics Institute - University of Cantabria (IHCantabria) facilities in Spain.
  • View the full release here: https://www.businesswire.com/news/home/20221019005782/en/
    Gazelle Wind Power team members, media, and wind industry participants gather to witness Gazelle's platform subjected to basin model testing in Spain.
  • (Photo: Gazelle Wind Power)
    The test serves to further validate our technologywhich is key to ultimately reaching commercialization and unlocking the full potential of offshore wind, said Gazelle CTO Jason Wormald.
  • Gazelle Wind Power Limited is unlocking the massive deep-water offshore wind market to achieve global decarbonisation.

Global Geophysical Services Market Report 2022: Rising Investment in Mining and Exploration Continues to Drive Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, October 10, 2022

The "Global Geophysical Services Market Size, Trends & Growth Opportunity By Type, By Technology, By End-use, and By Region and Forecast to 2027."

Key Points: 
  • The "Global Geophysical Services Market Size, Trends & Growth Opportunity By Type, By Technology, By End-use, and By Region and Forecast to 2027."
  • The fundamental driver of the rise in demand for geophysical services worldwide continues to be rising investment in mining and exploration.
  • Rising investments in geophysical services in the US are mostly due to the country's increased shale gas reserve exploration.
  • The overall market for geophysical services is anticipated to gain from an increase in energy consumption year over year, which will be followed by an increase in budgets for mining exploration.

Gazelle Wind Power Appoints Jason Wormald as CTO

Retrieved on: 
Tuesday, October 4, 2022

Gazelle Wind Power (Gazelle), the developer of a breakthrough floating offshore wind platform, has appointed Jason Wormald, former Global Head of Innovation of Bridon-Bekaert Ropes Group, as Chief Technology Officer to lead the companys product design and engineering.

Key Points: 
  • Gazelle Wind Power (Gazelle), the developer of a breakthrough floating offshore wind platform, has appointed Jason Wormald, former Global Head of Innovation of Bridon-Bekaert Ropes Group, as Chief Technology Officer to lead the companys product design and engineering.
  • In order to realize the full potential of offshore wind and drive down costs, we have taken a different approach to the platform design, and there is nobody better to drive this technological vision than Jason, said Gazelle CEO Jon Salazar.
  • At Bridon-Bekaert, Jason was Global Head of Innovation, leading the companys advances in renewables, specifically in mooring solutions.
  • Gazelle Wind Power Limited is unlocking the massive deep-water offshore wind market to achieve global decarbonisation.

Offshore Wind Turbine Market 2026, Government Support For Wind Energy Projects to Boost Growth - Technavio

Retrieved on: 
Tuesday, September 13, 2022

Due to its stability and a greater number of ongoing and planned lower-depth offshore projects, the monopiles substructure sector dominates the offshore wind turbine industry.

Key Points: 
  • Due to its stability and a greater number of ongoing and planned lower-depth offshore projects, the monopiles substructure sector dominates the offshore wind turbine industry.
  • Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.
  • Our offshore wind turbine marketreport covers the following areas:
    This study identifies the rise in offshore installations as one of the prime reasons driving the offshore wind turbine market growth during the next few years.
  • We provide a detailed analysis of around 25 vendors operating in the Offshore Wind Turbine Market, including some of the vendors such as vendors Backed with competitive intelligence and benchmarking, our research reports on the Offshore Wind Turbine Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.