28 Jan '13, 4pm

European Offshore Wind Capacity Rose 33% in 2012

Siemens AG had the biggest share of the market, with the Munich-based conglomerate taking 74 percent of installations, according to a report on the EWEA website. Suzlon Energy Ltd.’s Repower unit was second with 19 percent, while Bard Holding GmbH had the rest of the market. The 1,166 megawatts of installations is a 33-percent increase on 2011’s 874 megawatts. The Brussels-based lobby group said European Union nations lag goals in the National Renewable Energy Action Plans they submitted to the EU. Total installations across Europe reached 4,995 megawatts, less than the goal of 5,829 megawatts through 2012 set by eight nations. “Solid installation figures do not alter the fact that the wind industry is being hit by political and regulatory instability, the economic crisis, the higher cost of capital and austerity,” Justin Wilkes, political director of the industry group, s...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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