The Global Wind Energy Council (“GWEC”), the trade organisation representing the global wind industry, and Informa Markets, the world’s leading global events and digital business, have announced a strategic long-term partnership that will create a series of world leading wind power and energy transition events from 2021 onwards. Informa’s world-class expertise in organising live and digital events, will strongly propel GWEC’s mission of developing new and emerging markets for wind energy, scale the industry’s geographic footprint and foster dynamic debates among global stakeholders.
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.
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.
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.
On World Ocean Day, the Ocean Renewable Energy Action Coalition (OREAC) has announced its vision for 1,400 GW of offshore wind globally by 2050 to drive decarbonisation and a green economic recovery from the COVID-19 crisis. This ambition goes beyond current offshore wind forecasts, but is entirely achievable considering the resource potential, technology innovation, and government appetite to position offshore wind at the centre of the global energy transition.
According to the second edition of the Supply Side Analysis 2019 report, 22,893 wind turbines were installed globally in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity, a new supply side record in terms of capacity for the industry.
According to a new report released today by the Global Wind Energy Council (GWEC) and MEC+ (MEC Intelligence), India’s wind energy capacity can only realistically reach 50 GW by 2022. India Wind Outlook Towards 2022: Looking beyond the headwinds objectively analyses the factors which have led to a drag on market growth for India’s wind energy industry over the past two years, and provides an assessment on the forecast along with a pathway to overcome these challenges to realise the high potential of the market.
Wind power is a key building block for economic recovery from the impact of COVID-19, which will enable governments to renew critical infrastructure for a sustainable future. The wind industry will help to deliver jobs, clean and affordable power and energy security needed for a sustainable economic recovery.
On the occasion of Earth Day, GWEC has launched a memorial award in honour of its late CEO Steve Sawyer – REvolutionaries: The Steve Sawyer Memorial Award. The award will honour Steve’s life mission to pioneer the global energy transition, recognising young leaders in the renewable energy sector in developing countries.
GWEC and GWO: Global offshore wind industry will require over 77,000 trained on-site workers by 2024 to power growth in emerging markets
The Global Wind Energy Council (GWEC) and Global Wind Organisation (GWO) have published a new report that highlights the need for over 77,000 trained on-site workers to deliver forecast installations in six key emerging markets for offshore wind between 2020-2024.