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The global offshore wind energy space registered substantial growth between 2006 and 2013, rising from 0.9 GW in 2006 to 7.1 GW in 2013, at a higher CAGR of 33.9%. Global Offshore Wind Power Market to Reach Almost 40 Gigawatts by 2020 is a new market research publication announced by Reportstack. With more countries utilizing offshore wind potential, the global offshore wind power market is expected to increase more than fivefold from 7.1 Gigawatts (GW) in 2013 to 39.9 GW by 2020, representing a Compound Annual Growth Rate (CAGR) of 28%. The global offshore wind energy space registered substantial growth between 2006 [...]
Wed, Sep 17, 2014, Continue reading at the source
NAC Global Technologies (OTCBB: NACG) today announced the successful first stage testing of its HGT Turbine Drive, a harmonic gearing transmission technology for fluid and wind turbine energy production. Mr. Vincent Genovese, Chairman and CEO of NAC, said, “We are very pleased to announce another milestone in NAC's development of new technologies for clean, renewable energy. We initiated testing in 2012, and we are confident in both our technology and ability to produce robust drives for energy generation. NAC is now embarking on the development of unique, application specific designs of renewable energy drives for residential and commercial energy generation. Our [...]
Wed, Sep 17, 2014, Continue reading at the source
EnerDynamic Hybrid Technologies Corp. (formerly MCM Capital One Inc.) (“EHT” or the “Company”) (TSX-V: EHT) is pleased to announce that it is currently in negotiations to acquire a number of solar energy projects that are backed by long-term power purchase agreements. In total the projects are more than 50 Megawatts (50,000 Kilowatts) in size and, once fully operational, would collectively generate in excess of $16 Million CDN in annual recurring revenue. The long-term power purchase agreements are under the Ontario Feed-in-Tariff (“FIT”) program and/or similar contracts under similar programs outside of Ontario, permitting the holder of any such contract to [...]
Tue, Sep 16, 2014, Continue reading at the source