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G.E. overtakes Vestas as the global wind turbine market leader in 2012

Vestas has lost its title as the global leader in wind turbine market to General Electric. According to preliminary reports from Navigant Consulting Inc.’s BTM Consult unit, the Danish manufacturer dropped from the top spot for the first time since 2000. G.E. accounted for over 15 percent of global market share in 2012 as the U.S. wind industry rushed wind energy projects, anticipating the expiration of the Production Tax Credit...

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Global wind power reaches 282 GW in 2012 – G.W.E.C.

The global wind power sector grew by around 19 percent last year, bringing the world’s cumulative generation capacity to 282 gigawatts, according to the latest report from the Global Wind Energy Council. According to the G.W.E.C., last year saw around 44.7 GW of new capacity installed globally. China and the United States tied as market leaders with about 13 GW of new capacity each. Germany, India and Britain followed...

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New transmission lines to bring wind power to mainland Japan

Japan aims to triple its wind power capacity to 7.5 million kilowatts by developing transmission grids in the Hokkaido and the Tohoku regions. According to the Japan Wind Power Association, Japan could have 50 gigawatts of wind-generated electricity by 2050, accounting for over 10 percent of the country’s demand. Hokkaido and Tohoku are considered the most suitable areas for wind power production. Local utilities...

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China is four-time global wind market leader

China remains the global leader in the wind market, installing over one third of the onshore wind capacity worldwide in 2012. For four straight years in a row, China has led the global wind market. The Asian country has maintained top position since 2009, when it first over took the United States. According to figures from Bloomberg News Energy Finance, the country added 15.9 gigawatts of wind power last year, comprising 35...

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Wind to provide half of E.U.’s energy demand by 2050

Wind could supply half of Europe’s power needs by 2050, according to Robert Clover of MAKE Consulting. “After 2020, wind is the cheapest technology, it is scalable and it has minimal water requirements,” he said during the European Wind Energy Association’s 2013 Annual Event in Vienna. Onshore wind in particular, will reach parity along with other electricity-generating technologies in the European Union by 2015, followed by offshore...

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Wind is China’s 3rd Largest Energy Source – C.W.E.A.

Wind power is now China's third largest energy source, surpassing nuclear power, revealed the China Wind Energy Association. According to a Global Times report, data from the C.W.E.A. showed that electricity generated from wind in China totaled 100.4 billion kilowatt hours last year, which is equivalent to two percent of the country's overall electricity output in 2012 and up from 1.5 percent in 2011. "This change is in accordance...

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Wind energy boom seen in Japan for 2013

Japan’s wind energy market is set to boom this 2013, helping the global wind industry bounce back from its slowdown in 2012, according to Frost and Sullivan. While a lull in the domestic onshore wind power market in the recent years had driven some Japanese wind turbine manufacturers to shift focus on European and U.S. markets, a growing interest on offshore wind farms will change this scenario. “This is expected to...

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First Wind to increase portfolio in 2013

U.S. based renewable energy company First Wind has high hopes for its wind portfolio, following the extension of federal tax credits by the Obama administration last week (see related story). First Wind, which currently operates 980 megawatts of wind projects in six states, is looking to increase its operating portfolio by 50 percent or more. “With the passage of the wind energy tax credit extension, First Wind and other wind energy companies around the country have predictable federal...

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Suzlon bags contracts for 16.4 MWs of turbines for British wind projects

India’s Suzlon Group has announced that its subsidiary REpower UK is starting the year right with two new contracts for 16.4 megawatts worth of wind turbines. According to Rick Eggleston, managing director of REpower UK, the announcement of the new contracts is the perfect way to start this year, following a successful 2012. “2012 was one of our most successful years to date with nearly 300 megawatts signed,”...

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Ming Yang and India’s Reliance Power sign financing deal for 2.5-GW wind effort

Guangdong Mingyang Wind Power Industry Group Limited and India’s Reliance Power Limited signed a financing agreement with China Development Bank as a follow-up to a deal started in July. Under the framework agreement China Development Bank will act as the coordinating bank and lead potential lender for planned renewable energy projects in India. Earlier in July, Ming Yang and Reliance Power...

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