Book:Wind Power Reference Mark V

$62.1 Billion Wind Energy Industry to 2027 - Advancements in Wind Turbine Structure Present Opportunities

Retrieved on: 
Monday, June 7, 2021
Articles, Energy, Energy conversion, Renewable energy, Wind power, Wind turbine, Energy development, Energy technology, Renewable energy in Australia, Book:Wind Power Reference Mark V

The global wind energy market was valued at $62.1 billion in 2019, and is projected to reach $127.2 billion by 2027, growing at a CAGR of 9.3% from 2020 to 2027.

Key Points: 
  • The global wind energy market was valued at $62.1 billion in 2019, and is projected to reach $127.2 billion by 2027, growing at a CAGR of 9.3% from 2020 to 2027.
  • Wind energy is a renewable energy source, which is solely dependent on wind power.
  • In wind turbine, the wind energy is converted into electric energy through generator.
  • Some major applications of wind energy includes wind pumps, wind electricity generators, and wind battery charges.

Global Wind Energy Market (2020 to 2027) - by Type, End-user and Region - ResearchAndMarkets.com

Retrieved on: 
Thursday, June 3, 2021
Alternative energy, Energy, Energy, Energy conversion, Articles, Renewable energy, Wind power, Wind turbine, Energy technology, Wind turbine design, Book:Wind Power Reference Mark V

In wind turbine, the wind energy is converted into electric energy through generator.

Key Points: 
  • In wind turbine, the wind energy is converted into electric energy through generator.
  • Some major applications of wind energy includes wind pumps, wind electricity generators, and wind battery charges.
  • The report provides in-depth analysis of the global wind energy market forecast for the period 2020-2027.
  • The report outlines the current global wind energy market trends and future estimations of the market from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.

Shanghai Electric Shares China's Wind Power Market Outlook in talk with Bloomberg NEF

Retrieved on: 
Monday, July 27, 2020
Energy, Articles, Offshore wind power, Wind power, Electrical engineering, Wind turbine, Wind farm, Book:Wind Power Reference Mark V

The market of both offshore and onshore wind energy systems in China is welcoming "large capacity turbine units and digital transformation ," and Shanghai Electric is "building a test and verification platform for 10 megawatt-plus offshore wind turbines and an integrated system for renewable energy," said Pengju Kang, chief digital officer and engineering general manager at Shanghai Electric Wind Power Group (SEWPG) in an interview with Bloomberg NEF.

Key Points: 
  • The market of both offshore and onshore wind energy systems in China is welcoming "large capacity turbine units and digital transformation ," and Shanghai Electric is "building a test and verification platform for 10 megawatt-plus offshore wind turbines and an integrated system for renewable energy," said Pengju Kang, chief digital officer and engineering general manager at Shanghai Electric Wind Power Group (SEWPG) in an interview with Bloomberg NEF.
  • "There will be a strong demand for floating units in the far-reaching and deep-sea market in China, as these areas account for more than 80% of total offshore wind resources.
  • SEWPG is also expending global footprints, with customized special units based on 2.5MW and 4MW product platforms for overseas onshore wind energy markets.
  • In late June, the company announced the plan for an initial public offering (IPO) of its wind power division Shanghai Electric Wind Power Group.

Shanghai Electric Shares China's Wind Power Market Outlook in talk with Bloomberg NEF

Retrieved on: 
Monday, July 27, 2020
Energy, Articles, Offshore wind power, Wind power, Electrical engineering, Wind turbine, Wind farm, Book:Wind Power Reference Mark V

The market of both offshore and onshore wind energy systems in China is welcoming "large capacity turbine units and digital transformation ," and Shanghai Electric is "building a test and verification platform for 10 megawatt-plus offshore wind turbines and an integrated system for renewable energy," said Pengju Kang, chief digital officer and engineering general manager at Shanghai Electric Wind Power Group (SEWPG) in an interview with Bloomberg NEF.

Key Points: 
  • The market of both offshore and onshore wind energy systems in China is welcoming "large capacity turbine units and digital transformation ," and Shanghai Electric is "building a test and verification platform for 10 megawatt-plus offshore wind turbines and an integrated system for renewable energy," said Pengju Kang, chief digital officer and engineering general manager at Shanghai Electric Wind Power Group (SEWPG) in an interview with Bloomberg NEF.
  • "There will be a strong demand for floating units in the far-reaching and deep-sea market in China, as these areas account for more than 80% of total offshore wind resources.
  • SEWPG is also expending global footprints, with customized special units based on 2.5MW and 4MW product platforms for overseas onshore wind energy markets.
  • In late June, the company announced the plan for an initial public offering (IPO) of its wind power division Shanghai Electric Wind Power Group.

Growth Opportunities in the Offshore Wind Turbine Market, Forecast to 2025

Retrieved on: 
Monday, December 9, 2019
Energy, Articles, Electrical engineering, Offshore wind power, Wind power, Wind turbine, Book:Wind Power Reference Mark V, Wind power in the Netherlands

Offshore wind energy involves the harvesting of wind power by setting up wind turbines in bodies of water, usually on the seafloor.Owing to the higher wind velocities in offshore locations, offshore wind turbines deliver greater power than their onshore counterparts.

Key Points: 
  • Offshore wind energy involves the harvesting of wind power by setting up wind turbines in bodies of water, usually on the seafloor.Owing to the higher wind velocities in offshore locations, offshore wind turbines deliver greater power than their onshore counterparts.
  • Higher offshore wind velocities also translate into higher capacity utilization factors (CUF) verifying the superior performance of offshore wind turbines, with offshore turbines providing a CUF of approximately 38% as compared to 27% for onshore turbines.In addition, offshore wind turbines also address the issue of land availability afflicting the onshore wind market.
  • Such advantages encourage the steady uptake of offshore wind turbine technology in recent years.Country-specific clean energy targets aimed at remedying climate change and the presence of strong regulatory support drive the growth of the global offshore wind turbine market.
  • The growing interest of the corporate sector in procuring wind power to meet its renewable energy targets and the advancements in offshore wind turbine technology boost the demand for offshore wind turbine power.