Financing Offshore Wind Farms in the U.S.
As most readers are aware, the first major U.S. offshore wind farm to begin development was the Cape Wind project in Massachusetts. The project has been in the development phase for over a decade. The major barriers to development have been public opposition as well as the lack of an established regulatory framework with which to manage offshore energy development in the U.S.
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Financing Offshore Wind Farms in the U.S.
Wind turbine manufacturing industry building on a ‘global localised’ market
While some leading OEM’s are opening production facilities in China and Vietnam, tier one manufacturers are making a significant step towards producing their components in the fast industrialised nations of China, India and Brazil. This step change in the turbine manufacturing landscape is resulting in the relationships between OEM and component manufacturer being increasingly important in order to minimise costs and continue expanding their business.
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Wind turbine manufacturing industry building on a ‘global localised’ market
Wind Energy Update: European and Asian wind turbine OEMs commit to collaborate on competing component sourcing strategies
As manufacturers try to balance in-house manufacturing and outsourcing supply, shortages in previous years have forced OEM’s to pay closer attention to their relationships with component manufacturers.
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Wind Energy Update: European and Asian wind turbine OEMs commit to collaborate on competing component sourcing strategies