Wind Energy

The project is part of efforts to raise the low share of renewable sources in Iran'.s power industry that mostly uses fossil fuels to generate electricity.

Saudi Arabia plans to develop 30 solar and wind projects over the next 10 years.

Pakistan and China have signed $57-billion worth of energy and infrastructure projects under the CPEC framework.

Over the past two years. Vestas has bought German service provider Availon for €88 million ($98 million) and UpWind in the U.S. for $60 million.

Growth in offshore wind is something the majors cannot afford to ignore as they plan for 2035 and beyond.

The projects will be commissioned in the 2018-22 timeframe with prices corresponding to about €115-135 MWh ($129-151 MWh).

The turbines for Statoil'.s Hywind floating wind park off Scotland will be installed this summer and will be fully operational by the end of the year.

Cold climate areas offer a great potential for wind power worldwide.

In the US. federal tax credits and state-level renewables mandates have been key drivers of wind and solar growth.

Algeria will announce shortly a major solar project of 4.000 Megawatts as part of its renewable energy development.