The industry already recognizes the need to upgrade the grid; energy storage just happens to be the common thread to all upgrade plans.
Command economies may be terrible at some things but when the rapid marshalling of resources is needed to solve a problem they can be very good at doing whatever it takes.
The market for servicing wind turbines will almost double by 2020 as capacity grows, the Danish advisory firm Make Consulting said. Annual revenues from monitoring and repairing wind turbines may surge to more than $13 billion in 2020 from $7.1 billion last year, Aarhus, Denmark-based Make said today in a report. It projected that 300 gigawatts of capacity will be installed through 2020, doubling current generating capacity and boosting the needs for maintenance. Turbine manufacturers including Vestas Wind Systems A/S (VWS) and Gamesa Corp. (GAM) Tecnologica SA are ramping up efforts to secure service contracts, which Vestas says yield higher margins than turbine sales and increase profitability. More than half of servicing worldwide is carried out by turbine manufacturers, Aaron Barr, a consultant at Make in Boston said in an e-mail. Manufacturers “are attracted to the services market due to reliable and repeatable high margin revenue, primarily due to the growing fleet of serviceable wind turbines,” Barr said. “This focus is reinforced by uncertainty on new turbine sales orders and technical competitive advantages” that they have over independent service providers and the utilities that own the wind farms.
CSP Today's complimentary webinar will identify the key markets in the Middle East for Indian companies to expand their business in.
Ballard Power Systems today announced that it has signed a definitive agreement for the sub-license of intellectual property (IP) to M-Field Energy Corporation ("M-Field"), a sustainable energy company, for material handling systems to be deployed in Europe.
The 33rd Annual Award winners will be announced at the GRC Annual Meeting in Portland, Oregon, USA.
Commercial solar installer begins construction on one of Hawaii's largest solar projects
This easier installation also allows for savings in labor and materials costs and increases safety during the installation of the solar system.
141MW Luz del Norte project supports Chilean renewable energy goal
Four out of five targeted U.S. companies and a union were challenging Chinese trade practices
Resource efficiency, system integration and stable policies are challenges ahead for the bioenergy sector.
Technology no longer a barrier.
VAULT.COM UNVEILS LAW FIRM PRACTICE AREA RANKINGS FOR 2015 MORRISON & FOERSTER RANKED AS THE NO. 1 CLEAN TECHNOLOGY LAW FIRM
VINSON & ELKINS TAKES THE TOP SPOT IN ENERGY LAW
New HOBO® Plug Load Logger provides accurate equipment energy use data in rugged, easy-to-deploy package
Onset Announces Plug Load Data Loggers
As UK renewable energy rises to 5.2%, European leaders urged to set national 2030 targets to reduce dependence on fossil fuel imports
Intersolar 2014 - Bornay presents its Solar Microstation in the sector's largest international fair, in Munich
Intersolar receives 44.000 visitors in three days
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