Facing Radical Change the Wind Energy Sector Is Growing Throughout the World
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Multibrand Service – No Matter the Make High
Turn to one-of-a-kind service for all kinds of turbines Multibrand Service – no matter the make High The wind industry is going through a critical period of change, and although in OEM: Cost-out OEM: our fast-paced industry change is nothing new, this shake-up is more Bare-bones Driven Engi- Agnostic Ser- Where there’s wind, fundamental than most – with the challenges to match. Inefficient repair loops, ISPs neering some vice Focused unexpected and unbudgeted failures well outside of the warranty period, poorly self performers Engineering monitored equipment with a limited supply chain and even turbine manufac- turers who pull out of markets altogether. Things go wrong when things don’t ISPs redefining there’s a way OEM: Service themselves Some self- turn. So providers and owners must quickly learn to adapt. Which above all else Focused and some self- performers requires one thing: innovative, cost-effective engineering. Engineering Our Multibrand Services stand out – performers With more than 20 years of multibrand OEM service experience, Siemens OEM Prod- for cost and quality Cost Competitiveness Costly Gamesa puts unparalleled assets to work on your behalf. We harness a strong Expensive ISPs uct Focused low value engineering workforce, third-party experts, vast engineering know-how and without value- Engineering: engineering proposition engineering deep market knowledge to improve your LCoE and maximize availability – focused firms no matter the market, no matter the make. focused firms Low Engineering / Innovation Focus In the multibrand service market, the combination of cost efficiency and strong, innovative engineering is rare. But one provider delivers both: Siemens Gamesa Made by our competitors, serviced like our own Your OEM is our USP Turbines and wind make for high-yield assets, but when the time comes for cost-effective service solutions, people are our most valued resource. -
Gravity-Based Foundations in the Offshore Wind Sector
Journal of Marine Science and Engineering Review Gravity-Based Foundations in the Offshore Wind Sector M. Dolores Esteban *, José-Santos López-Gutiérrez and Vicente Negro Research Group on Marine, Coastal and Port Environment and other Sensitive Areas, Universidad Politécnica de Madrid, E28040 Madrid, Spain; [email protected] (J.-S.L.-G.); [email protected] (V.N.) * Correspondence: [email protected] Received: 27 December 2018; Accepted: 24 January 2019; Published: 12 March 2019 Abstract: In recent years, the offshore wind industry has seen an important boost that is expected to continue in the coming years. In order for the offshore wind industry to achieve adequate development, it is essential to solve some existing uncertainties, some of which relate to foundations. These foundations are important for this type of project. As foundations represent approximately 35% of the total cost of an offshore wind project, it is essential that they receive special attention. There are different types of foundations that are used in the offshore wind industry. The most common types are steel monopiles, gravity-based structures (GBS), tripods, and jackets. However, there are some other types, such as suction caissons, tripiles, etc. For high water depths, the alternative to the previously mentioned foundations is the use of floating supports. Some offshore wind installations currently in operation have GBS-type foundations (also known as GBF: Gravity-based foundation). Although this typology has not been widely used until now, there is research that has highlighted its advantages over other types of foundation for both small and large water depth sites. There are no doubts over the importance of GBS. -
Ministry of New and Renewable Energy Government of India Wind Energy Division
Ministry of New and Renewable Energy Government of India Wind Energy Division Wind Turbine Models included in the RLMM after declaration of new procedure (i.e 01 November 2018) As on 28.09.2020 S. No Manufacturing Company with contact Company Incorporation Details License/ Model Name Rotor Dia (RD) Hub Height Tower Type Capacity (kW) Type Certificate Manufacturing system Certificate / ISO Certificate details Collaboration/ (m) (HH) (m) Joint Venture Date Document According to Any Outstanding Validity till Document According to Validity till Document Issues 1 M/s. Regen Powertech Private Limited 27-12-2006 Regen CoI VENSYS VENSYS 116 116.1 90 Tubular Steel 2000 ($$) S-Class/Turbulance No 07-11-2021 Vensys 116 TC ISO: 9001 : 2015 29-04-2023 Regen ISO Sivanandam, 1st Floor, New No. 1, Pulla Energy AG, B-Class (GL Avenue, Shenoy Nagar, Chennai, Tamil Nadu - Germany 2010/IEC 61400- 600030 1:1999) Phone:044-42966200 2 Fax :044-42966298/99 VENSYS 87 86.6 85 Tubular Steel 1500 IEC Class III B (GL No 26-01-2022 Vensys 87 TC Email: [email protected] 2010) 3 M/s Envision Wind Power Technologies India 12-07-2016 Envision CoI Envision EN 115 2.3 MW 115.9 90.32 Tubular Steel 2300 IEC Class III A No 09-11-2021 Envision EN 115 ISO: 9001: 2015 01-05-2021 Envision ISO (Pvt.) Ltd., Energy(JIANG IEC IIIA (GL/ IEC 61400- TC Level 9, Platina, C-59, G Block, BKC, Bandra SU) Co., Ltd., 22:2010) East, Mumbai-400051 China Tel: 022-67000988 / 080-61296200, Fax: 022-67000600 4 Envision EN2.5-131 131 100 / 120 Tubular Steel 2500 IEC 61400-22:2010 No 11-07-2023 Envision EN 131 Email: [email protected], 50Hz IEC S HH120 [email protected] TC 5 M/s. -
Yearly Report on IRPWIND and EERA JP Wind Activities Work Package 2
Integrated Research Programme on Wind Energy Project acronym: IRPWIND Grant agreement no 609795 Collaborative project Start date: 01st March 2014 Duration: 4 years Title: Yearly report on IRPWIND and EERA JP Wind Activities Work Package 2 - Deliverable number 2.12 Lead Beneficiary: DTU Delivery date: 25 April 2016 Dissemination level: PU The research leading to these results has received funding from the European Union Seventh Framework Programme under the agreement GA-2013-609795. 1 Table of contents Contents 1. Executive Summary ..................................................................................................... 4 1.1 Status on the EERA Joint Programme on Wind Energy and the Integrated Research Programme on Wind Energy (IRPWIND) ........................................................................................4 1.2 Mobility.................................................................................................................................4 1.3 IRPWIND KPIs – 2014 values ............................................................................................5 1.4 Contact points .....................................................................................................................8 1.5 Reporting on Research Themes ...................................................................................... 10 1.6 Reporting on Milestones and deliverables ..................................................................... 15 1.7 International collaboration in 2015 ............................................................................... -
Investigation of Innovative Rotor Concepts for the Big Adaptive Rotor
Investigation of Innovative Rotor Concepts for the Big Adaptive Rotor Project Nick Johnson,1 Pietro Bortolotti,1 Katherine Dykes,1 Garrett Barter,1 Patrick Moriarty,1 Scott Carron,1 Fabian Wendt,1 Paul Veers,1 Josh Paquette,2 Chris Kelly,2 2 and Brandon Ennis 1 National Renewable Energy Laboratory 2 Sandia National Laboratories NREL is a national laboratory of the U.S. Department of Energy Technical Report Office of Energy Efficiency & Renewable Energy NREL/TP-5000-73605 Operated by the Alliance for Sustainable Energy, LLC September 2019 This report is available at no cost from the National Renewable Energy Laboratory (NREL) at www.nrel.gov/publications. Contract No. DE-AC36-08GO28308 Investigation of Innovative Rotor Concepts for the Big Adaptive Rotor Project Nick Johnson,1 Pietro Bortolotti,1 Katherine Dykes,1 Garrett Barter,1 Patrick Moriarty,1 Scott Carron,1 1 1 2 2 Fabian Wendt, Paul Veers, Josh Paquette, Chris Kelly, 2 and Brandon Ennis 1 National Renewable Energy Laboratory 2 Sandia National Laboratories Suggested Citation Johnson, Nick, Pietro Bortolotti, Katherine Dykes, Garrett Barter, Patrick Moriarty, Scott Carron, Fabian Wendt, Paul Veers, Josh Paquette, Chris Kelly, and Brandon Ennis. 2019. Investigation of Innovative Rotor Concepts for the Big Adaptive Rotor Project. Golden, CO: National Renewable Energy Laboratory. NREL/TP-5000-73605. https://www.nrel.gov/docs/fy19osti/73605.pdf. NREL is a national laboratory of the U.S. Department of Energy Technical Report Office of Energy Efficiency & Renewable Energy NREL/TP-5000-73605 Operated by the Alliance for Sustainable Energy, LLC September 2019 This report is available at no cost from the National Renewable Energy National Renewable Energy Laboratory Laboratory (NREL) at www.nrel.gov/publications. -
US Wind Turbine Manufacturing
U.S. Wind Turbine Manufacturing: Federal Support for an Emerging Industry Michaela D. Platzer Specialist in Industrial Organization and Business September 23, 2011 Congressional Research Service 7-5700 www.crs.gov R42023 CRS Report for Congress Prepared for Members and Committees of Congress U.S. Wind Turbine Manufacturing: Federal Support for an Emerging Industry Summary Increasing U.S. energy supply diversity has been the goal of many Presidents and Congresses. This commitment has been prompted by concerns about national security, the environment, and the U.S. balance of payments. More recently, investments in new energy sources have been seen as a way to expand domestic manufacturing. For all of these reasons, the federal government has a variety of policies to promote wind power. Expanding the use of wind energy requires installation of wind turbines. These are complex machines composed of some 8,000 components, created from basic industrial materials such as steel, aluminum, concrete, and fiberglass. Major components in a wind turbine include the rotor blades, a nacelle and controls (the heart and brain of a wind turbine), a tower, and other parts such as large bearings, transformers, gearboxes, and generators. Turbine manufacturing involves an extensive supply chain. Until recently, Europe has been the hub for turbine production, supported by national renewable energy deployment policies in countries such as Denmark, Germany, and Spain. Competitive wind turbine manufacturing sectors are also located in India and Japan and are emerging in China and South Korea. U.S. and foreign manufacturers have expanded their capacity in the United States to assemble and produce wind turbines and components. -
Interim Financial Report, Second Quarter 2021
Company announcement No. 16/2021 Interim Financial Report Second Quarter 2021 Vestas Wind Systems A/S Hedeager 42,8200 Aarhus N, Denmark Company Reg. No.: 10403782 Wind. It means the world to us.TM Contents Summary ........................................................................................................................................ 3 Financial and operational key figures ......................................................................................... 4 Sustainability key figures ............................................................................................................. 5 Group financial performance ....................................................................................................... 6 Power Solutions ............................................................................................................................ 9 Service ......................................................................................................................................... 12 Sustainability ............................................................................................................................... 13 Strategy and financial and capital structure targets ................................................................ 14 Outlook 2021 ................................................................................................................................ 17 Consolidated financial statements 1 January - 30 June ......................................................... -
Offshore Technology Yearbook
Offshore Technology Yearbook 2 O19 Generation V: power for generations Since we released our fi rst offshore direct drive turbines, we have been driven to offer our customers the best possible offshore solutions while maintaining low risk. Our SG 10.0-193 DD offshore wind turbine does this by integrating the combined knowledge of almost 30 years of industry experience. With 94 m long blades and a 10 MW capacity, it generates ~30 % more energy per year compared to its predecessor. So that together, we can provide power for generations. www.siemensgamesa.com 2 O19 20 June 2019 03 elcome to reNEWS Offshore Technology are also becoming more capable and the scope of Yearbook 2019, the fourth edition of contracts more advanced as the industry seeks to Wour comprehensive reference for the drive down costs ever further. hardware and assets required to deliver an As the growth of the offshore wind industry offshore wind farm. continues apace, so does OTY. Building on previous The offshore wind industry is undergoing growth OTYs, this 100-page edition includes a section on in every aspect of the sector and that is reflected in crew transfer vessel operators, which play a vital this latest edition of OTY. Turbines and foundations role in servicing the industry. are getting physically larger and so are the vessels As these pages document, CTVs and their used to install and service them. operators are evolving to meet the changing needs The growing geographical spread of the sector of the offshore wind development community. So is leading to new players in the fabrication space too are suppliers of installation vessels, cable-lay springing up and players in other markets entering vessels, turbines and other components. -
Vestas Wind Systems (VWS.CO) Is a Danish Manufacturer of Wind Turbines Listed at the Copenhagen Stock Exchange
Vestas Wind Systems (CPN: VWS.CO) Andreas Helland Recommendation: LONG with a 13.5% HPR on a five-year horizon Executive Summary The recent share price drawdown of 25% (see exhibit 1 for share price VWS.CO 4/16/2021 chart) has created an opportunity to own a high-quality, capital light EUR business with a long runway for high ROIC growth as wind energy takes a Price 159.4 larger share of the global energy mix due to learning-curve induced Shares Outstanding 200.9 improvement in wind park unit economics. Market Cap 32,015 + Total debt 908 VWS.CO is a long-time market leader in the manufacturing and - Cash 3,174 installation of onshore and offshore wind turbines (Power Solutions) Enterprise Value 29,749 combined with the largest under-service installed base of wind turbines 52-wk high 208.7 (Services). The recent cycle’s price pressure on new installations has led 52-wk low 68.6 to consolidation with an outlook for softer competitive dynamics with Avg. Daily Volume 776,000 Float (%) 96% investments at higher ROICs going forward. 5Y Beta 0.88 The base case forecasts a 13.6% annual holding period return for a horizon of 5 years. While the stock is not cheap at the current valuation 25x EV/EBIT, the recent multiple compression from 30x EV/EBIT led by one-off market share loss to GE and Chinese players due to lapsing subsidies in their home market leaves a greater margin of safety against multiple compression eating into the returns. Summary Financials FYE, EUR 2015 2016 2017 2018 2019 2020 Revenue 8,423 10,237 9,953 10,134 12,147 14,819 Power -
Wind Energy Outlook for North America Wind Power Generation Capacity and Turbine Deployments: Market Analysis and Forecasts
EXECUTIVE SUMMARY: Wind Energy Outlook for North America Wind Power Generation Capacity and Turbine Deployments: Market Analysis and Forecasts NOTE: This document is a free excerpt of a larger research report. If you are interested in purchasing the full report, please contact Pike Research at [email protected]. Published 3Q 2009 Gali Beh Industry Analyst Clint Wheelock Managing Director Wind Energy Outlook for North America Section 1 EXECUTIVE SUMMARY In 2008, U.S. wind power generation capacity passed the 25 GW mark by adding over 8 GW from the year before, which represented the largest individual gain of any country in the world. This growth rate of 50% exceeded that of the year before (45%) indicating that the market is still relatively young and the economic crisis that began in 2008 has not slowed it down—at least not yet. In 2007, generation capacity from renewable sources made up only 4% of the world’s electricity sources, but 16% of new electricity generation capacity additions were from renewables with wind power making up more than 80% of these gains by renewables. The year 2009 will be a defining moment for wind power markets around the world. The global economic crisis that began in late 2008 has thrown the industry into confusion, along with most other global industries. Two competing market views exist, and representatives from each camp were interviewed for this report across the wind power value chain, such as components suppliers, turbine OEMs, wind developers, and power providers. The optimist sees this moment as one of great opportunity and potential growth. -
LEANING INTO the WIND Building Sustainable Wind Power in China
LEANING INTO THE WIND Building Sustainable Wind Power in China Lauren Caldwell, Emily Chen, Felix Zhang May 9, 2014 This is one of a series of case studies prepared for the class Case Studies in Sustainable Development: Smart Cities and Urban Innovation. The information presented here is not intended to propose solutions or to make recommendations. Instead, it provides a framework for examining issues affecting urban centers globally through the lens of sustainable development. Leaning into the Wind Introduction South of the Gobi Desert, about 1,200 miles west of Beijing, are vast fields lined with more than 3,500 fiberglass wind turbines.1 Jiuquan prefecture, Gansu province, is located in northwestern China and home to one of China’s latest superlative endeavors. The Jiuquan Wind Power Base is one of several multi-gigawatt megaprojects planned by China’s National Energy Administration to reduce carbon emissions and expand the country’s renewable energy capacity. Upon its completion in 2015, the Jiuquan Wind Power Base will be the largest wind power collective in the world. Investment in renewable energy has become a priority for the Chinese government. Pollution levels in the country have reached an all-time high, prompting concern both domestically and internationally. In January 2013, a report concluded that severe air pollution had reduced average life expectancy by 5.5 years in northern China. The research attributed higher instances of heart disease, cancer, and strokes to toxic air.2 In 2011, about 69 percent of China’s energy consumption was supplied by coal, compared to the world average of about 40 percent. -
Pdf (Accessed 14 Sept
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by SOAS Research Online Zhou, X., Li, X., Lema, R., Urban, F., 2015. Comparing the knowledge bases of wind turbine firms in Asia and Europe: patent trajectories, networks, and globalization. Science and Public Policy, 1-16. doi: 10.1093/scipol/scv055 Comparing the knowledge bases of wind turbine firms in Asia and Europe: patent trajectories, networks, and globalisation Yuan Zhou1, Xin Li2, Rasmus Lema3, Frauke Urban4 1 School of Public Policy and Management, Tsinghua University, Beijing, China 2 School of Economics and Management, Beijing University of Technology, China 3 Department of Business and Management, Aalborg University, Denmark 4 School of Oriental and African Studies SOAS, University of London, UK Abstract This study uses patent analyses to compare the knowledge bases of leading wind turbine firms in Asia and Europe. It concentrates on the following aspects: (a) the trajectories of key technologies, (b) external knowledge networks, and (c) the globalisation of knowledge application. Our analyses suggest that the knowledge bases differ significantly between leading wind turbine firms in Europe and Asia. Europe’s leading firms have broader and deeper knowledge bases than their Asian counterparts. In contrast, Chinese lead firms, with their unidirectional knowledge networks, are highly domestic in orientation with respect to the application of new knowledge. The Indian lead firm Suzlon, however, exhibits a better knowledge position. While our quantitative analyses validate prior qualitative studies it also brings new insights. The study suggests that European firms are still leaders in this industry, and Asian lead firms are unlikely to create new pathways that will disrupt incumbents in the near future.