Wind turbine

MP Materials to Participate in Upcoming Virtual Conferences

Retrieved on: 
Thursday, May 13, 2021

b'MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that members of its executive management team are scheduled to participate in the following virtual conferences:\nA fireside chat at the Bank of America Global Metals, Mining & Steel Virtual Conference on Thursday, May 20, 2021, at 9:20 a.m. Pacific Time.\nA fireside chat at the Jefferies Renewable Energy Conference on Wednesday, May 26, 2021, at 9:00 a.m. Pacific Time.\nMP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.

Key Points: 
  • b'MP Materials Corp. (NYSE: MP), the largest rare earth materials producer in the Western Hemisphere, today announced that members of its executive management team are scheduled to participate in the following virtual conferences:\nA fireside chat at the Bank of America Global Metals, Mining & Steel Virtual Conference on Thursday, May 20, 2021, at 9:20 a.m. Pacific Time.\nA fireside chat at the Jefferies Renewable Energy Conference on Wednesday, May 26, 2021, at 9:00 a.m. Pacific Time.\nMP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.
  • Separated rare earth elements are critical inputs for the magnets that enable the mobility of electric vehicles, drones, defense systems, wind turbines, robotics and many other high-growth, advanced technologies.
  • MP Materials\xe2\x80\x99 integrated operations at Mountain Pass combine low production costs with high environmental standards, thereby restoring American leadership to a critical industry with a strong commitment to sustainability.
  • More information is available at https://mpmaterials.com/\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005901/en/\n'

Wind Energy Market to Reach $127.2 Bn, Globally, by 2027 at 9.3% CAGR: Allied Market Research

Retrieved on: 
Thursday, May 13, 2021

b'PORTLAND, Ore., May 13, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, " Wind Energy Market by Type (Offshore and Onshore) and End-User (Industrial, Commercial, and Residential): Global Opportunity Analysis and Industry Forecast, 20202027."

Key Points: 
  • b'PORTLAND, Ore., May 13, 2021 /PRNewswire/ -- Allied Market Research published a report, titled, " Wind Energy Market by Type (Offshore and Onshore) and End-User (Industrial, Commercial, and Residential): Global Opportunity Analysis and Industry Forecast, 20202027."
  • However, high installation and maintenance costs of offshore wind plants hinder the market growth.
  • On the other hand, advancements in wind turbine structure present new opportunities in the coming years.\nNationwide lockdown led to the shutdown of many wind energy plants and impacted the growth.
  • However, Asia-Pacific held the largest share in terms of revenue in 2019, contributing to more than three-fifths of the global wind energy market, and will maintain its dominance by 2027.

Wind Energy Market to Reach $127.2 Bn, Globally, by 2027 at 9.3% CAGR: Allied Market Research

Retrieved on: 
Thursday, May 13, 2021

However, high installation and maintenance costs of offshore wind plants hinder the market growth.

Key Points: 
  • However, high installation and maintenance costs of offshore wind plants hinder the market growth.
  • On the other hand, advancements in wind turbine structure present new opportunities in the coming years.\nNationwide lockdown led to the shutdown of many wind energy plants and impacted the growth.
  • This is due to ease in installation and lower maintenance cost of onshore wind turbines as compared to onshore plants.
  • However, Asia-Pacific held the largest share in terms of revenue in 2019, contributing to more than three-fifths of the global wind energy market, and will maintain its dominance by 2027.

DGAP-News: ENCAVIS AG grows their wind segment in Northern Europe

Retrieved on: 
Wednesday, May 12, 2021

The acquisition of the wind farm Paltusm\xc3\xa4ki, already connected to the grid, enlarges Encavis\' own generation capacities in the wind segment by 21.5 megawatts (MW).

Key Points: 
  • The acquisition of the wind farm Paltusm\xc3\xa4ki, already connected to the grid, enlarges Encavis\' own generation capacities in the wind segment by 21.5 megawatts (MW).
  • Four of the five wind turbines have already been connected to the grid in December 2020 and the fifth turbine followed in February of this year.
  • The five identical Enercon wind turbines with a hub height of 132 metres are Lagerwey L 147 turbines.
  • As one of the leading independent power producers (IPP), ENCAVIS acquires and operates solar parks and (onshore) wind farms in ten European countries.

Timken Innovation Drives Market Sector Outgrowth and Industry Leadership In Wind Energy

Retrieved on: 
Tuesday, May 11, 2021

During this period, Timken significantly outgrew this market sector by registering a compound annual growth rate (CAGR) of 17 percent, compared to an estimated 7 percent CAGR for the industry as a wholeii.

Key Points: 
  • During this period, Timken significantly outgrew this market sector by registering a compound annual growth rate (CAGR) of 17 percent, compared to an estimated 7 percent CAGR for the industry as a wholeii.
  • Timken is poised to capitalize further as global demand for equipment and services for the growing wind energy sector continues to increase.
  • "As wind turbine manufacturers continue to push the limits on performance, designing and manufacturing bearings for them is increasing in complexity.
  • Timken\'s long history of technical problem solving and engineering innovation for the world\'s most challenging applications continues to be a significant advantage for our customers in the wind energy industry.

Global Warming Solutions, Inc. Announces LOI to License Revolutionary Patented Wind Turbine Technology

Retrieved on: 
Tuesday, May 11, 2021

b'Temecula, CA, May 11, 2021 (GLOBE NEWSWIRE) -- Global Warming Solutions, Inc., (OTC MARKETS: \xe2\x80\x9cGWSO\xe2\x80\x9d), a worldwide developer of technologies that help mitigate Global Warming and its effects on the planet announces LOI for the exclusive worldwide licensing rights to a revolutionary technology in the wind turbine industry.

Key Points: 
  • b'Temecula, CA, May 11, 2021 (GLOBE NEWSWIRE) -- Global Warming Solutions, Inc., (OTC MARKETS: \xe2\x80\x9cGWSO\xe2\x80\x9d), a worldwide developer of technologies that help mitigate Global Warming and its effects on the planet announces LOI for the exclusive worldwide licensing rights to a revolutionary technology in the wind turbine industry.
  • This patented turbine technology represents a new generation of wind turbine machines that increases the efficiency of electrical power production triggered by natural wind, at heretofore unprecedented low wind speeds.
  • It has a much smaller impact on the environment compared to the burning of fossil fuels.\n\xe2\x80\x9cWhen these patented turbine machines get exposed to oncoming wind, they generate lift force at extremely low wind speeds.
  • The wind is one the most abundant forms of power on earth but yet not the most utilized.

ALLETE Clean Energy Expands Geographic Reach and Customer Profile With New Wind Development Project in Wisconsin

Retrieved on: 
Wednesday, May 5, 2021

ALLETE Clean Energy plans to complete construction and sale of the Red Barn wind project in late 2022.\nALLETE Clean Energy acquired the Red Barn wind project from PRC Wind, a Minnesota-based renewable energy developer founded in 1997 ( www.prcwind.com ).

Key Points: 
  • ALLETE Clean Energy plans to complete construction and sale of the Red Barn wind project in late 2022.\nALLETE Clean Energy acquired the Red Barn wind project from PRC Wind, a Minnesota-based renewable energy developer founded in 1997 ( www.prcwind.com ).
  • The 91.6-megawatt Red Barn wind project will consist of 28 turbines over about 12,220 acres in Grant County in southwestern Wisconsin.
  • ALLETE Clean Energy plans qualify the site for renewable energy production tax credits, optimizing the company\xe2\x80\x99s inventory of safe harbor wind turbines and bringing value to the project.\n\xe2\x80\x9cThe nation\xe2\x80\x99s clean-energy transformation continues to accelerate.
  • The project will advance the two companies\xe2\x80\x99 net-zero carbon goals and is subject to customary regulatory approvals.\n\xe2\x80\x9cWe look forward to the opportunity to partner with ALLETE Clean Energy on the Red Barn Wind Farm.

MP Materials Announces Timing of Q1 2021 Financial Results Release, Conference Call and Webcast

Retrieved on: 
Monday, April 26, 2021

b'You will receive your access details via email.\nReplay: A recording will be available until Thursday, 20th May 2021.\nClick on the following link and enter the access code: 511983\nMP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.

Key Points: 
  • b'You will receive your access details via email.\nReplay: A recording will be available until Thursday, 20th May 2021.\nClick on the following link and enter the access code: 511983\nMP Materials Corp. (NYSE: MP) is the largest producer of rare earth materials in the Western Hemisphere.
  • With over 300 employees, the Company owns and operates Mountain Pass, an iconic American industrial asset, which is the only rare earth mining and processing site of scale in the Western Hemisphere and currently produces approximately 15% of global rare earth content.
  • Separated rare earth elements are critical inputs for the magnets that enable the mobility of electric vehicles, drones, defense systems, wind turbines, robotics and many other high-growth, advanced technologies.
  • MP Materials\xe2\x80\x99 integrated operations at Mountain Pass uniquely combine low production costs with best-in-class environmental standards, thereby restoring American leadership to a critical industry with a strong commitment to sustainability.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210426005839/en/\n'

RWE's Panther Creek III Wind Farm undergoes repower

Retrieved on: 
Monday, April 26, 2021

b'Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: "Repowering Panther Creek III allows us to increase our earnings for this site.

Key Points: 
  • b'Silvia Ortin, COO Onshore Wind and Solar PV Americas, RWE Renewables: "Repowering Panther Creek III allows us to increase our earnings for this site.
  • In addition, we are able to capture up-to-date turbine efficiency improvements, extending the lifetime of this facility.
  • Panther Creek III has been an excellent performer for us in the past and we are able to employ lessons learned from our previous repowering of Panther Creek I and Panther Creek II wind farms to improve reliability.
  • "\nRWE Renewables has partnered with GE Renewable Energy (NYSE: GE) to repower its Panther Creek III wind farm in West Texas.\nThe repowering of Panther Creek III includes the replacement of a significant portion of the wind turbine components, including installation of longer blades and upgrading existing gearboxes.

Global Offshore Wind Power Markets, 2020-2021 & Forecast to 2025 by Component, Depth, End Use Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis - ResearchAndMarkets.com

Retrieved on: 
Monday, April 26, 2021

b"The Global Offshore Wind Power Market is estimated to be USD 38.76 Bn in 2020 and is expected to reach USD 69.38 Bn by 2025, growing at a CAGR of 12.35%.\nThis growth is attributed to the increasing demand for clean energy in order to cut down carbon emissions and protect the environment by generating electricity through renewable resources.

Key Points: 
  • b"The Global Offshore Wind Power Market is estimated to be USD 38.76 Bn in 2020 and is expected to reach USD 69.38 Bn by 2025, growing at a CAGR of 12.35%.\nThis growth is attributed to the increasing demand for clean energy in order to cut down carbon emissions and protect the environment by generating electricity through renewable resources.
  • Offshore wind energy form an integral part of these clean energy resources and also has a higher capacity factor compared to onshore wind.\nWhereas the restraint like high capital cost and maintenance and logistics issues and opportunities like Coal and Nuclear Phase-Out and Focus on Water Conservation are also the main factors driving the growth.\nThe Global Offshore Wind Power Market is segmented further based on Component, Depth, End Use and Geography.\nBy Component, the market is classified into Turbine, Support Structure, Electrical Infrastructure and Others.\nBy Depth, the market is classified as >0, 30 m, >30, 50 m and > 50 m.\nBy End Use, the market is classified as Offshore wind providers, Government and research organization, Consulting companies in the power industry, Public and private players.\nBy Geography, Americas is projected to lead the market.\nIn March 2020, Enercon installed a new prototype E-138 EP3 for their E2 wind turbines at the Janneby site which is situated in Schleswig-Holstein, Germany.
  • The new prototype increased the nominal power of E2 turbines from 3.5 MW to 4.2 MW and will help the company yield an additional power of 1.5 Million kWh every year.\nIn 2019, Siemens Gamesa Renewable Energy received an order to supply 8 MW offshore wind turbines to Orsted's 900 MW offshore wind farm in Taiwan.\nIn April 2018, MHI Vestas Offshore Wind announced its collaboration with Ramboll, company that produced the industry's first encapsulated foundation load software tool.
  • The collaboration helped the company to develop software tool allowing foundation designers to perform integrated load analyses independently in closed-system, version of the full turbine model used for detailed foundation load simulations.\n"