Tag Archives: Machinery Market

Equinor Aims to Reach Net-Zero Emissions by 2050

Norway-based Equinor, a state-owned multi-national energy company, has announced its ambition to become a net-zero energy company by 2050, which includes emissions from production and final consumption of energy. It sets a clear strategic direction and demonstrates the company’s continued commitment to long-term value creation in support of the Paris …

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Europe Opts for Onshore Wind Projects

Europe saw new wind-farm investments amounting to 19 billion euros confirmed in 2019, according to WindEurope’s annual Financing and Investment Trends (published on 7 April). Another 33 billion euros was invested in the refinancing of wind farms, the acquisition of wind-farm projects and other transactions. A total of 13 billion …

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Wind-Turbine Materials Market will Double by 2026

The wind-turbine materials market is expected to double in value to nearly $20 billion in 2026 from today’s value, US-based Frost and Sullivan has forecast. The market analyst outfit expects the market for “structural and non-structural materials” to grow at a compound annual rate of 8.9% — from $10.76 billion …

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World’s Lightest Blade Passes First Tests

Edinburgh-based ACT Blade Ltd – a spin-off company from yacht-sail developer SMAR Azure — has completed the first of two static tests of its novel lightweight blade for wind farms at ORE Catapult’s National Renewable Energy Centre in Blyth. The tests are designed to pave the way for the blade’s …

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