Wind

Voltage Regulator Market to Reach $4.7 billion, Globally, by 2033 at 5.3% CAGR: Allied Market Research

Retrieved on: 
Tuesday, April 30, 2024
Linearity, Wind, KVA, PDF, Table, Safety, Growth, Electro, Solar energy, Electric motor

By type, the linear segment held the highest market share in 2023, accounting for more than three-fifths of voltage regulator market revenue.

Key Points: 
  • By type, the linear segment held the highest market share in 2023, accounting for more than three-fifths of voltage regulator market revenue.
  • By technology, the electro-tap switching voltage segment held the highest market share in 2023, accounting for more than two-fifths of voltage regulator market revenue.
  • Electro-tap switching voltage regulators dominate the market as they offer precise voltage control with high efficiency and rapid response to load changes.
  • Region-wise, Asia-Pacific held the highest market share in 2022, accounting for nearly half of the voltage regulator market revenue, and is estimated to dominate during the forecast period.

Wind Turbine Nacelle Market to Reach $40.3 billion, Globally, by 2033 at 6.3% CAGR: Allied Market Research

Retrieved on: 
Tuesday, April 30, 2024
Global Wind Energy Council, Electricity, Table, PDF, Wind, Farm, Orientation, CO2, International Energy Agency, Renewable energy

PORTLAND, Ore., April 30, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Wind Turbine Nacelle Market by Capacity (2 MW to 4 MW, Less than 2 MW, and Above 4 MW), Deployment (Onshore and Offshore), End Use (Utilities and Industrial), and Component (Gearbox, Generator, Electronic Systems, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the "wind turbine nacelle market" was valued at $22.3 billion in 2023, and is estimated to reach $40.3 billion by 2033, growing at a CAGR of 6.3% from 2024 to 2033.

Key Points: 
  • The yaw system components, responsible for orienting the turbine rotor into the wind, are crucial for maximizing energy capture and optimizing turbine performance.
  • By capacity, the 2 MW to 4 MW segment held the highest market share in 2023, accounting for nearly half of the global wind turbine nacelle market revenue and is estimated to dominate during the forecast period.
  • According to the Global Wind Energy Council, wind power helped to avoid approximately 1.1 billion tons of CO2 emissions in 2022.
  • In addition, technological advancements and cost reductions in wind energy technology makes wind power increasingly competitive with conventional energy sources in the Asia-Pacific region.

Wind Turbine Nacelle Market to Reach $40.3 billion, Globally, by 2033 at 6.3% CAGR: Allied Market Research

Retrieved on: 
Tuesday, April 30, 2024
Global Wind Energy Council, Electricity, Table, PDF, Wind, Farm, Orientation, CO2, International Energy Agency, Renewable energy

PORTLAND, Ore., April 30, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Wind Turbine Nacelle Market by Capacity (2 MW to 4 MW, Less than 2 MW, and Above 4 MW), Deployment (Onshore and Offshore), End Use (Utilities and Industrial), and Component (Gearbox, Generator, Electronic Systems, and Others): Global Opportunity Analysis and Industry Forecast, 2024-2033". According to the report, the "wind turbine nacelle market" was valued at $22.3 billion in 2023, and is estimated to reach $40.3 billion by 2033, growing at a CAGR of 6.3% from 2024 to 2033.

Key Points: 
  • The yaw system components, responsible for orienting the turbine rotor into the wind, are crucial for maximizing energy capture and optimizing turbine performance.
  • By capacity, the 2 MW to 4 MW segment held the highest market share in 2023, accounting for nearly half of the global wind turbine nacelle market revenue and is estimated to dominate during the forecast period.
  • According to the Global Wind Energy Council, wind power helped to avoid approximately 1.1 billion tons of CO2 emissions in 2022.
  • In addition, technological advancements and cost reductions in wind energy technology makes wind power increasingly competitive with conventional energy sources in the Asia-Pacific region.

Nuvve and Great Power Announce Strategic Partnership to Accelerate Electric Vehicle Integration and Renewable Energy Adoption

Retrieved on: 
Tuesday, April 30, 2024
Organization, Demand, EVS, EMS, V2G, Kilowatt-hour, Partnership, ESS, Research, Transport, BESS, Growth, Wind, EV, NCY, SAN, Give, Renewable energy

Gregory Poilasne, CEO of Nuvve, states, "We're excited about the partnership with Great Power, a leading global battery manufacturer, and their alignment with our energy management approach to electrification.

Key Points: 
  • Gregory Poilasne, CEO of Nuvve, states, "We're excited about the partnership with Great Power, a leading global battery manufacturer, and their alignment with our energy management approach to electrification.
  • Yang Xia, Head of Great Power global ESS of Great Power, states, "I am thrilled to announce our partnership with Nuvve to deploy advanced battery systems for electric vehicle (EV) charging solutions.
  • Some of the key aspects of this partnership include:
    Nuvve serving as the preferred energy manager and flexibility aggregator for Great Power solutions.
  • Great Power supplying Nuvve-branded pre-validated Battery Energy Storage Systems (BESS) that are pre-integrated with Nuvve's GIVe™ platform, enhancing the value proposition for customers seeking optimized energy solutions.

Delos Insurance and Lloyd's of London Insurer Partner to Expand Vacant Home Insurance in California

Retrieved on: 
Tuesday, April 30, 2024
Climate change, National Association of Realtors, Lloyd's of London, Weather, Risk, Policy, Insurance, Partnership, United States Census Bureau, Wind, SAN, CO

SAN FRANCISCO, April 30, 2024 /PRNewswire/ -- Delos Insurance Solutions, which uses wildfire science and satellite imagery expertise to solve homeowners' wildfire insurance availability issues, today announced it will offer wildfire insurance to more California policyholders with vacant properties. Delos is expanding its coverage availability through a new partnership with certain underwriters at Lloyd's of London. Delos is one of a select number of Lloyd's coverholders in the United States, which are authorized to place business into the world's oldest insurance marketplace.

Key Points: 
  • Delos is expanding its coverage availability through a new partnership with certain underwriters at Lloyd's of London.
  • Delos is one of a select number of Lloyd's coverholders in the United States, which are authorized to place business into the world's oldest insurance marketplace.
  • The U.S. Census Bureau's definition of vacant homes includes unoccupied secondary homes and rentals, abandoned or foreclosed homes, and investment properties.
  • We are committed to creating insurance products that will help more homeowners in California, who may otherwise go uninsured, find insurance coverage."

China's new energy industry provides world with high-quality production capacity

Retrieved on: 
Tuesday, April 30, 2024
Belt and Road Initiative, United Nations, Climate change, Electricity, Carbon, Wind, Engineering, Belt, United, Data, World Meteorological Organization, Economic development, Civilization, Growth, International Energy Agency, Renewable energy

Tim Gould, chief energy economist at the International Energy Agency, said that China possesses unique advantages in the development and application of clean energy technologies.

Key Points: 
  • Tim Gould, chief energy economist at the International Energy Agency, said that China possesses unique advantages in the development and application of clean energy technologies.
  • China has proposed the Belt and Road Energy Partnership and has set up six regional energy cooperation platforms, promoting the establishment of global clean energy partnerships.
  • These efforts have played an important role in promoting global clean energy transformation and ensuring global energy security.
  • China's continuous provision of high-quality capacity in the new energy industry has made significant contributions to global green development, and it has been widely welcomed by the majority of countries worldwide.

China's new energy industry provides world with high-quality production capacity

Retrieved on: 
Tuesday, April 30, 2024
Belt and Road Initiative, United Nations, Climate change, Electricity, Carbon, Wind, Engineering, Belt, United, Data, World Meteorological Organization, Economic development, Civilization, Growth, International Energy Agency, Renewable energy

Tim Gould, chief energy economist at the International Energy Agency, said that China possesses unique advantages in the development and application of clean energy technologies.

Key Points: 
  • Tim Gould, chief energy economist at the International Energy Agency, said that China possesses unique advantages in the development and application of clean energy technologies.
  • China has proposed the Belt and Road Energy Partnership and has set up six regional energy cooperation platforms, promoting the establishment of global clean energy partnerships.
  • These efforts have played an important role in promoting global clean energy transformation and ensuring global energy security.
  • China's continuous provision of high-quality capacity in the new energy industry has made significant contributions to global green development, and it has been widely welcomed by the majority of countries worldwide.

China, France set exemplary model of win-win cooperation in energy sector

Retrieved on: 
Tuesday, April 30, 2024
People's Daily, Investment, China Petrochemical Corporation, Aviation, EDF Renewables, Power plant engineering, Sinopec, Research, Carbon, Growth, Fats, Wind, EDF, EPR, State Council, Intellectual property, European, EPR (nuclear reactor), Wang, Knowledge, TotalEnergies, Renewable energy

BEIJING, April 30, 2024 /PRNewswire/ -- A report from People's Daily: Energy technology is one of the key areas of cooperation between China and France.

Key Points: 
  • BEIJING, April 30, 2024 /PRNewswire/ -- A report from People's Daily: Energy technology is one of the key areas of cooperation between China and France.
  • Particularly, they have set an exemplary model of international scientific and industrial collaboration in civilian nuclear energy, oil and gas resource development, and new clean energy sectors.
  • In the realm of nuclear energy technology innovation, China and France have engaged in long-term and in-depth collaborative research.
  • The cooperation between China and France in the field of clean energy is also flourishing.

Xinhua Silk Road: China's Shaanxi Blower Group makes brilliant appearance at Hannover Messe 2024

Retrieved on: 
Tuesday, April 30, 2024
Hannover Messe, Exhibition, Chemical industry, Electricity, Water, Carbon, History, Wind, Metallurgy, Intellectual property, Renewable energy

BEIJING, April 30, 2024 /PRNewswire/ -- The Hannover Messe 2024, an international industrial fair, was held from Monday to Friday in Hanover, Germany.

Key Points: 
  • BEIJING, April 30, 2024 /PRNewswire/ -- The Hannover Messe 2024, an international industrial fair, was held from Monday to Friday in Hanover, Germany.
  • This year's exhibition attracted nearly 4,000 exhibitors from about 60 countries and regions, among which Chinese exhibitors accounted for 30 percent of total.
  • The company has provided green and smart solutions to multiple users in fields such as chemical industry, metallurgy, environmental protection, and air energy storage with its independently-innovated green distributed energy system.
  • Established in 1947, the Hannover Messe is known as the "barometer" of global industrial technology development and is one of the most influential industrial exhibitions in the world.

Plover Parametrics Launches Specialty Brokerage; Announces Brenden Beeg As Leadership Hire

Retrieved on: 
Tuesday, April 30, 2024
Wind, Senior, Climate, Insurance, RFP

NEW YORK, April 29, 2024 /PRNewswire-PRWeb/ -- In the lead-up to today's public launch, Plover, founded in 2022, has also secured over $5 million in venture capital funding. The capital will be used to expand the company's brokerage team, invest in the software automation of Plover's broking process, and support Plover's growing program business.

Key Points: 
  • Plover focuses on bringing specialty products to disrupted markets, specializing in wildfire, flood, wind and other perils where admitted carriers continue to pull back.
  • We founded Plover to grow the market for specialty insurance that can keep American companies protected and open for business."
  • We founded Plover to grow the market for specialty insurance that can keep American companies protected and open for business."
  • To lead its specialty brokerage, Plover announces the appointment of Brendan Beeg.