wind power

The COVID-19 pandemic over recent years has impacted the construction progress of offshore wind farms around the world. With that being said, Taiwan, after completing 43 wind turbines for the first phase of the demonstration project at the end of 2021, had fully concluded construction and parallel connection for all 47 wind turbines of Formosa 2, the third offshore wind farm in Taiwan, on March 21st. The offshore wind farm will now join in on the generation of green electricity. ...  more

As the Sri Lanka government officially adopted the policy to meet 70 percent of the country’s electricity generation from renewable energy sources by 2030, the Cabinet nod has been given to call for proposals of Expression of Inte...  more

The recent circulating rumor regarding how the COVID-19 pandemic disrupted the construction progress of Taiwan’s Formosa 2 offshore wind farm project has derived concerns from the lead bank of syndicated loan, and may impact the implementation of renewable energy policies as well as the stability of subsequent power supply. ...  more

The cost of wind power will only continue to fall with the introduction of larger and more efficient wind turbines, as well as lower capitals and operating cost. According to the study of the Lawrence Berkeley National Laboratory (LBNL), the cost of wind power is expected to decrease by 17-35% in 2035, followed by another reduction of 37-49% in 2050. ...  more

Taiwan’s monsoons mean that offshore wind power installations can be carried out only six months every year. Unfortunately, the proliferation of the COVID-19 pandemic in 1H21 has delayed most of these installations. Taiwan’s MOEA (Ministry of Economic Affairs) subsequently declared that a total of 429 MW in wind power will likely be installed this year, with the shortfall in capacity to be compensated for by the end of 2022. ...  more

In order to further realize the autonomous development of offshore wind power, as well as the localization target of the supply chain, Taiwanese offshore wind power developer SRE announced on July 5 the partnership with Tien Li Offshore Wind Technology, Yeong Guan, and J&V Energy regarding the establishment of the first “Taiwan Team” co-funded by local developers and supply chains. ...  more

Norwegian startups have been coming up with innovative ideas of offshore wind power, and the latest idea is a 300m tall “windcatcher” floating on the sea to capture the enormous wind energy from the ocean. The product also claims to generate an annual power volume that is 5 times the amount of the currently largest 15MW wind turbines, with a cost that is on par with thermal power.  ...  more

Wind energy, a type of renewable energy, is used to generate electric energy from kinetic energy. Wind turbine converts the wind energy into mechanical energy and this mechanical energy is further converted into electrical energy through generator. ...  more