Latest Wind Power News Global July'21

7 August, 2021

Latest Wind Power News from around India

  1. Holland: Swedish utility Vattenfall AB announced on Monday it has kicked off the construction of the 1.5-GW Hollandse Kust Zuid (HKZ) offshore wind farm project in Dutch waters. HKZ will be located 18 kilometres (11.2 miles) off the Dutch coast, in an area between The Hague and Zandvoort.
  2. Worlds Largest floating wind offshore: The fifth and final 9.525 MW floating wind turbine has been connected to its moorings some 15 kilometres southeast of Aberdeen, Scotland. The Kincardine 05 floating platform was connected to its moorings.Once fully completed, the 50 MW Kincardine will comprise one 2 MW and five 9.525 MW Vestas wind turbines, becoming the largest operating floating wind farm in the world.
  3. China’s first floating wind offshore: The floating wind turbine will be installed for demonstration purposes at the 400 MW Yangxi Shapa III offshore wind farm developed by China Three Gorges (CTG). The unit comprises a MySE5.5MW typhoon-resistant turbine and a semi-submersible floating foundation.
  4. Circular Economy: “The earliest point in a product lifecycle that circular economy strategies can be applied is in the design of products from the ground up—literally,” said Tyler Christoffel, Oak Ridge Institute for Science and Technology Fellow at the Department of Energy (DOE). “Wind turbines must be designed sustainably from the concrete base, through the tower and nacelle, all the way to the blade tips.”
  5. Rare Earth Metals: Rare earth metals currently power the energy transition, from renewables to electric vehicles. At this time China dominates, producing 85% of the world’s rare earths refined products last year, and the energy transition’s need accounts for about 29% of total global demand. This raises several issues that could impact supply and so the supply of offshore wind turbines.
  6. How offshore wind turbine works: But instead of having its tower embedded directly into the ground or the sea floor, a floating wind turbine sits on a platform with mooring lines, such as chains or ropes, that connect to anchors in the seabed below. These mooring lines hold the turbine in place against the wind and keep it connected to the cable that sends its electricity back to shore. Most of the stability is provided by the floating platform itself. The trick is to design the platform so the turbine doesn’t tip too far in strong winds or storms.
  7. Losses for Siemens Gamesa: The ongoing failure to keep costs under control might cause Siemens Energy to consider a full takeover of its Spanish-listed subsidiary and end an arm’s length relationship that has limited its influence, two people close to the matter said. At current share prices, the remaining 33% stake would cost Siemens Energy around 5 billion euros ($5.9 billion).
  8. Offshore Turbine installation vessels: China Three Gorges (CTG) on 6 July, started construction on the 3,000-ton Wudongde at China Merchants Industry’s shipyard in Haimen. Wudongde is China’s first high-performance deep-sea vessel specifically designed for the transport and installation of wind farm infrastructure, according to CTG
  9. Australia Energy Superpower ? More than ten offshore wind farms are currently proposed for Australia. If built, their combined capacity would be greater than all coal-fired power plants in the nation. Offshore wind projects can provide a win-win-win for Australia: creating jobs for displaced fossil fuel workers, replacing energy supplies lost when coal plants close, and helping Australia become a renewable energy superpower.
  10. Latest Technical Breakthroughs:The process of harvesting wind energy has been improved through modifications in triboelectric nanogenerators and expanding the range of wind speeds that can be captured through gentle wind-driven TENG. Furthermore, offshore wind turbine foundation design has changed with hybrid monopile foundations that can resist lateral wind displacement. Reducing turbine fatigue is also discussed because this can lessen the lifetime of wind turbines.

24 February, 2024

Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry

10 February, 2024

Australia’s energy market is witnessing significant transitions and investments aimed at bolstering renewable energy infrastructure and securing gas supplies. Key developments include a $179 million investment by the Queensland Government for community battery projects, Santos’ $5.7 billion gas pipeline project following a legal battle win, and a $206 million energy savings package for NSW households. Additionally, the Australian government has secured new gas supply deals to support the east coast market, emphasizing the role of gas in transitioning to a renewable grid.

India 2024
9 February, 2024

The latest opinion polls, including the Mood of the Nation survey by India Today, predict a comfortable victory for Prime Minister Narendra Modi’s BJP and its allies in the National Democratic Alliance (NDA), with a projected win of 335 Lok Sabha seats in the 2024 general elections. This forecast suggests a slight decrease from the 2019 elections but still ensures a majority. The survey, involving interviews with over 149,000 respondents, reflects Modi’s enduring popularity based on his nationalist policies and economic reforms. Other polls echo these findings, although seat projections vary slightly. The opposition INDIA alliance is expected to secure a significant number of seats, yet not enough to challenge the NDA’s majority. These predictions highlight a political landscape that remains largely favorable to Modi and the BJP as the election approaches