NdPr generates clean Energy
Annual growth rate/ CAGR for new installed capacity was 24% between 2000-2015. 1 megawatt of an Direct Drive Wind Turbine contains approx. 200kg pure Nd/Pr oxide.
Countries are looking for ways to use clean, green, environmentally friendly solutions for energy supply. Renewables are gaining market share year by year, and permanent magnet Direct drive wind turbines are at the forefront of this change. Comparing the unsubsidized levelized cost of energy, Wind and Solar are on the way becoming some of the cheapest energy sources globally. Although not able to singularly manage the overall base load of the networks, Wind and Solar solutions will contribute significantly to the overall energy mix. China announced in December of 2016 that it plans to invest another $360 billion into renewables by 2034 and has stopped construction or planning on over 100 coal plants.
"Wind industry prepares for “bottlenecks and price hikes” in rare earth metals"
Technological innovation is key to the wind industry reducing reliance on rare earth materials from
"Clean Energy Investment Exceeded $300 Billion Once Again in 2018"
Solar commitments declined 24% in dollar terms even though there was record new photovoltaic capacit
"Batteries boom enables world to get half of electricity from wind and solar by 2050 | Bloomberg NEF"
Coal to shrink to just 11% of global electricity generation by mid-century, from 38% now, as compara
"Wind power is now cheaper than nuclear – the energy revolution is happening"
Far-sighted government policy means the cost of offshore wind energy has halved. The benefits in ter
"Europe’s growth rate in offshore wind must triple to get Paris goals into reach"
To support the Paris Agreement’s goal of limiting temperature increase to 1.5°C, Europe will need
"China to plow $361 billion into renewable fuel by 2020"
BEIJING (Reuters) - China will plow 2.5 trillion yuan ($361 billion) into renewable power generation
"Report: JRC Wind Energy Status Report – 2016 Edition"
Excellent Report with great Insights on the direct drive permanent magnet wind turbine market A