Comments on: Companies Helping New York Take the Lead in Offshore Wind http://www.altenergystocks.com/archives/2017/11/companies-helping-new-york-take-lead-offshore-wind/ The Investor Resource for Solar, Wind, Efficiency, Renewable Energy Stocks Sun, 03 Dec 2017 21:34:05 +0000 hourly 1 https://wordpress.org/?v=6.0.9 By: Greg http://www.altenergystocks.com/archives/2017/11/companies-helping-new-york-take-lead-offshore-wind/#comment-4064 Sun, 03 Dec 2017 21:34:05 +0000 http://3.211.150.150/?p=7134#comment-4064 Nice to see offshore wind starting to happen on the other side of the atlantic. However, 30 MW and another 90 MW is pretty minimal to be a ‘world leader’… Denmark (population 5 million) has over 1 GW of offshore wind in the pipeline with a much larger installed capacity. Germany is also well over 1 GW installed. The UK, the Netherlands and even Sweden all have hundreds of MW offshore. The same projects in New York will be built by the same players as the european projects as they already have their project management and turbine designs completed as well as the facilities to build as cost effective as possible. The players to watch on the supplier side are Siemens-Gamesa and MHI-Vestas. It is worth noting that the wind segment is really consolidating due to the huge cost of building large scale offshore. On the builder side, EDF and E.ON are players that are not state owned. Hope that helps clear up offshore wind a little.

]]>