Press Releases

GWEC: Proposed Feed-in-Tariff reduction could “seriously damage” growth of wind power in Vietnam

The Global Wind Energy Council (GWEC) welcomes the recent decision by the Vietnamese government to approve an extension of the Feed-in Tariff (FIT) scheme for wind power in the country. However, the proposed dramatic reduction to the FIT risks seriously damaging the growth of Vietnam’s promising wind power sector, slowing down investment and the creation of new jobs and making it harder for Vietnam to meet growing energy demand.

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OREAC: 1,400 GW of offshore wind by 2050 achievable with increased government commitment and collaboration

The Ocean Renewable Energy Action Coalition (OREAC) is calling on governments to ramp up their offshore renewable energy ambition to achieve the coalition’s vision of 1,400 GW of offshore wind by 2050. To support the rapid, global scale-up of ocean-based clean energy, OREAC has published ‘The Power of Our Ocean’ as a guiding document for countries to accelerate offshore wind development and reap the socioeconomic, environmental and health benefits it can offer.

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GWEC to launch GWEC India to help develop India’s vast wind power potential and support green recovery

Today, the Global Wind Energy Council (GWEC) announced that they will establish GWEC India to work with government and stakeholders to renew momentum around wind power development and support India in achieving its ambitious renewable energy targets. The new industry association will focus on building out India’s huge potential and local supply capacity, addressing regulatory bottlenecks, sharing best international practices and experience and facilitating dialogue and cooperation between government and industry stakeholders.

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GWEC: Wind power industry to install 71.3 GW in 2020, showing resilience during COVID-19 crisis

According to the latest market outlook published today by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is only a 6 per cent reduction from pre-COVID forecasts. This is a significant increase from original predictions that expected wind power installations to be reduced by up to 20 per cent due to the pandemic, demonstrating the resilience of the wind power industry across the globe.

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