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Market update: US underpins Vestas’ order book in November

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Market update: US underpins Vestas’ order book in November | Windpower Monthly

Market update: US underpins Vestas’ order book in November

Windpower Monthly’s research and data division, Windpower Intelligence, collated the details of ten turbine purchase agreements (TPAs) reported in November, including a series of large US orders for Vestas.

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Related Knowledge Center: ENERGY BASICS: renewables

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Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.

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