Wind is now America’s top renewable source of electricity generation. 2020 in particular was a banner year for wind power in the U.S., with more capacity installed in the final quarter of 2020 alone than in all of 2019. Now, the total capacity exceeds 120,000 MW, enough to power about 38 million homes.

Essentially all of that growth was in the onshore wind sector. Developers are planning more offshore projects for the coming years, too.

How Wind Power is Leading America’s Energy Transition | Devamı>>>

Stretching for thousands of miles, the east coast of the United States is home to major cities, stunning beaches and millions of people. Soon, though, it could also host several major offshore wind farms, a development that would have a significant effect on America’s energy mix. At the moment, the offshore wind sector in the U.S. is small. The country’s first offshore wind farm, the 30 megawatt, five turbine Block Island Wind Farm, only started commercial operations at the end of 2016.

A Look at Offshore Wind in The U.S. | Devamı>>>

The amount of future new wind capacity in Europe financed last year rose to a record high, industry group WindEurope said on Thursday, as falling costs and increased competition made it possible for investors to fund more for less cash.

In total, 16.7 gigawatts (GW) of projects reached a final investment decision – 12.5 GW onshore and 4.2 GW offshore – 45 percent more than in 2017, WindEurope said in its annual report.

Funding for the new investments rose to 26.7 billion euros ($30.3 billion).

Record Amount of New Wind Capacity Financed in Europe Last Year | Devamı>>>