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first_imgChina expected to take lead in offshore wind capacity by 2021 FacebookTwitterLinkedInEmailPrint分享Greentech Media:The U.K., which now leads the world in offshore wind installations, will soon lose its title to China, despite plans to double its capacity by 2030. The analyst firm FTI Consulting expects China’s cumulative offshore capacity to pull ahead of the U.K. after 2021.That year, China is expected to have almost 10.9 gigawatts of cumulative capacity, compared to less than 10.4 gigawatts in the U.K. China has been catching up with the U.K. since 2017, when Chinese offshore wind installations breached the 1-gigawatt mark.From 2019 onward, FTI Consulting expects China to install 2 gigawatts per year, rising to 4 gigawatts annually by 2025. In contrast, the U.K. is not expected to reach 2 gigawatts per year until 2024.China’s advancement comes as the U.K. completed a number of prominent projects in 2018, including the world’s largest operational offshore wind farm, Walney Extension, which clocks in at 659 megawatts, plus the 573-megawatt Race Bank and 400-megawatt Rampion plants.Pointing to the scale of China’s ambitions, this month Jiangsu Province in eastern China was reported to have approved 24 offshore wind projects with a total capacity of 6.7 gigawatts, all due to come online before the end of 2020. The 122.29 billion yuan (USD $18 billion) investment is part of a plan called “Three Gorges on Sea” that aims to develop 10 gigawatts of offshore wind in Jiangsu, reports said.The Jiangsu projects approved this month are nearly six times as much as the 1.2 gigawatts of offshore wind power that China installed nationally in 2017, based on figures from the Global Wind Energy Council (GWEC). They also represent more than twice as much capacity as the whole country had installed offshore at the end of 2017, which GWEC put at almost 2.8 gigawatts.More: China set to overtake UK as offshore wind leader by 2021last_img read more

first_imgThe Bank of Africa Group, Ghana is for the third time sponsoring two Ghanaian athletes to participate in the 6thedition of the Bank of Africa International Marathon which is scheduled to take place in Bamako, Mali on the 2nd of February 2014. The sponsorship worth GHC 20,000.00 covers two male athletes, one coach and a journalist. The entire team leaves Ghana on January 31 and makes a return on February 3. Speaking at the media briefing on Wednesday at the Bank’s headquarters Mr. Festus Kwofie  (Financial Manager) said his outfit has always empathize with the people of Mali and will always support this annual event to develope budding marathoners in the country.“So long as we are in this country we will continue to support the sport for Ghana to get the best of sportsmen for future tournaments. As a Bank rooted in Mali we are doing this to boast the people of Mali”, Mr. Festus Kwofie said.  “With time we’ll increase our budget for the event and we are very hopeful that the team we are sending will perform this time winning the ultimate”, Festus koufie added.The two athletes, Rajj Alakple and Godwin Adukpo could not hide their joy and promised to reciprocate by bringing home the ultimate to mother Ghana this time, as a sign of appreciation to the Bank of Africa Ghana Group. The men over the age of 18 years will run a distance over 42.125 km equivalent to the annual Milo marathon distance run every annually in Ghana. The participating countries for this year’s event include; Ghana, Mali, Kenya, Senegal, Madagascar, Niger, Benin, Burkina Faso, Tanzania and Ivory Coast.last_img read more