LYC lynas rare earths limited

Wind Turbines; mrkts that matter, page-26

  1. 492 Posts.
    lightbulb Created with Sketch.  50
    Two positive developments - one from the past, one for the future - for one of the top two demand growth drivers for Lynas's NdPr.
    Whether on-shore or off-shore or deepwater, NdFeB-based turbines are constantly taking an increasing share of an increasing market; the result is exponential growth.

    US Wind Energy Now Supplies More Than 30% In Four States
    April 18th, 2018 by Joshua S Hill
    https://cleantechnica.com/2018/04/18/us-wind-energy-now-supplies-more-than-30-in-four-states/
    Wind energy is one of the fastest growing forms of electricity generation in the United States, with the largest share renewable electricity generating capacity in the country.  
    According to this latest [AWEA] report, wind power generated 6.3% of US electricity in 2017.
    Overall, operating wind power capacity grew by 9% in 2017, with the installation of ~7 GW worth of new capacity, bringing the country’s cumulative capacity up to ~89 GW, or around 54,000 wind turbines operating in 41 states (as well as Guam and Puerto Rico).
    -----------------------------------------------------------------------
    India A Step Closer To First Offshore Wind Energy Auction

    https://cleantechnica.com/2018/04/17/india-a-step-closer-to-first-offshore-wind-energy-auction/
    This is a 1 GW installation long in the making.
    Offshore = NdFeB-based PMDD platform.
    As of February 28th, 2018, India had an installed wind energy capacity of ~33 gigawatts. The government has set a target to increase this figure to 60 gigawatts by March 2022. The government is expected to auction 10 gigawatts of wind energy capacity each in 2018-19 and 2019-20 to this effect.
    ------------------------------------------------------------------------
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.