Doubling investment in wind power could boost annual installations of new capacity to more than 300GW, the wind industry has told delegates at the ongoing COP31 climate conference summit in Turkey.
The Finnish government is preparing to hold the first offshore wind auction for a project in its exclusive economic zone (EEZ), but industry observers have raised concerns about the lack of financial support on offer.
Vestas CEO Henrik Andersen conceded that the breaking of a blade from a wind turbine at the 960MW He Dreiht project in Germany brought “large operating costs” to the company while insisting the matter had been resolved with no wider production or design concerns.
Siemens Energy CEO Christian Bruch has urged governments to accelerate final investment decisions (FIDs) for offshore wind projects, warning that delays risk creating gaps in the industry's manufacturing capacity and supply chains from 2029.
Nordex has reached a deal to acquire the onshore activities of Dutch engineering firm C1 Connections, which specialises in technology for joining wind turbine tower sections.
RWE and US private equity giant KKR have taken a final investment decision on the planned 2.8GW Vanguard West and Vanguard East offshore wind farms in the UK North Sea.
