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Chinese turbine giant joins race in Norway's first offshore wind tender - Recharge

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Chinese turbine giant joins race in Norway's first offshore wind tender | Recharge

Norway said seven companies and consortia have applied to take part in the nation’s first commercial offshore wind auction – with China’s Mingyang among those on the list.

The Norwegian Ministry of Petroleum Energy claimed the line-up shows a strong appetite for wind off its shores despite the financial pressures bearing down on the global industry.

The tender will offer 1.5GW

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Related Knowledge Center: ENERGY BASICS: wind

State of Play

Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent. 

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