nuclear-news

World:

¶ Sri Lanka is betting big on its abundant wind and solar electricity resources through competitive bidding for projects, a top government official in the power ministry said. A total of 700 MW of projects include a 100-MW floating solar power project on a reservoir, 60 MW of distributed wind power, 100 MW of wind power. [ETEnergyworld.com]

Wind and solar resources

¶ Transparency Market Research has released a report which shows that global offshore wind turbine market revenue is projected to reach $58.7 billion by 2025, at a compound annual growth rate of 7.7% between 2017 and 2015. In 2016, the revenue was $29.4 billion. The market is currently dominated by Europe. [Energy Digital]

¶ A joint venture between Canadian company Northland Power and Singapore’s Yushan Energy is planning to build two offshore wind farms totaling 1.2GW in the Changhua Sea off Taiwan. The developers…