May 22 Energy News

geoharvey

World:

¶ Sri Lanka is betting big on its abundant wind and solar electricity resources through competitive bidding for projects, a top government official in the power ministry said. A total of 700 MW of projects include a 100-MW floating solar power project on a reservoir, 60 MW of distributed wind power, 100 MW of wind power. [ETEnergyworld.com]

Wind and solar resources

¶ Transparency Market Research has released a report which shows that global offshore wind turbine market revenue is projected to reach $58.7 billion by 2025, at a compound annual growth rate of 7.7% between 2017 and 2015. In 2016, the revenue was $29.4 billion. The market is currently dominated by Europe. [Energy Digital]

¶ A joint venture between Canadian company Northland Power and Singapore’s Yushan Energy is planning to build two offshore wind farms totaling 1.2GW in the Changhua Sea off Taiwan. The developers…

View original post 552 more words

Advertisements