GlobalData has announced that Vestas is the leading global wind turbine manufacturer in 2021.

Vestas Wind Systems is the leader in wind turbines with a 19% share of global installations with 16.6 gigawatt (GW) installations in 2021, while high-level projects commissioned in America and Europe and stable installation activity in Asia-Pacific have allowed it to exceed the 16.6 GW limit.

In its home market, the United States, GE Renewable Energy has over 11.7 GW of power, representing approximately 13.4% of annual installations worldwide.

‘Vestas’ Becomes Leading Global Wind Turbine Manufacturer in 2021 | Devamı>>>

The true measure of President Biden’s climate ambition may be the clean electricity standard he tucked into his massive $2.2 trillion infrastructure spending plan. Its goal is striking: 80% clean power in the United States by 2030.

The details, however, are vague. And so is Biden’s plan B if it fails—an uncertainty that’s worrisome to both activists and academics. The lack of a clear backup plan underscores the importance of passing a clean electricity standard, they say.

Biden’s Climate Bet Rests on Enacting a Clean Electricity Standard | Devamı>>>

The U.S. wants to expand its offshore wind capacity to 30 gigawatts by 2030, a move the Biden administration hopes will generate thousands of jobs and unlock billions of dollars in investment in coming years.

The target, announced by the Departments of Energy, Interior and Commerce on Monday, represents a significant ramp-up of America’s fledgling offshore wind industry, which trails other parts of the world.

U.S. Announces Plans to Ramp Up Offshore Wind Capacity in a Big Way | Devamı>>>

LG Chem is prepared to invest $4.5 billion over the next 5 years to expand battery capacity in the United States. In a Thursday email, according to Bloomberg Green, LG Chem said it would not only sink $4.5 billion into battery capacity expansion, but it would hire 10,000 workers.

The company hatched the plan over the last year in response to what it says as the growing demand for electric vehicles and President Biden’s ambitious green policies.

Battery Giant LG Chem to Invest $4.5 Billion in U.S. Expansion | Devamı>>>

Asian spot liquefied natural gas (LNG) prices rose this week as there were supply issues in Australia and the United States, while several buyers were looking for cargoes. The average LNG price for October delivery into northeast Asia LNG-AS was estimated at $4.5 per million British thermal units (mmBtu), $0.45 per mmBtu above last week’s level, market sources said.

This is the highest price since late January, Reuters price assessment data showed.

Asian LNG Prices at More Than Seven-Month High Amid Supply Issues | Devamı>>>

China National Petroleum Corp (CNPC) has suspended investment in Iran’s South Pars natural gas project in response to U.S. pressure and to minimize tensions amid trade talks between Beijing and Washington, three Chinese state oil executives said.

South Pars is the world’s largest gas field and CNPC’s investment freeze is a blow to Tehran’s efforts to maintain financing for energy projects amid the re-imposition U.S. sanctions on its energy sector earlier this year.

CNPC Suspends Investment in Iran’s South Pars | Devamı>>>