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 MarketResearchReports.biz has recently added a new research report to its resourceful repository of market data. The research report, titled “Offshore Wind Turbines And Foundations - Global Market Size, Market Share, Regulations And Key Country Analysis To 2020,” analyzes various trends and dynamics governing the global market. The report also includes SWOT analysis to highlight the strengths, weaknesses, opportunities, and threats impacting the segments of the global offshore wind turbines and foundations market. The research report also ascertains the bargaining power of customers, the intensity of competitive rivalry, the threat of new entrants, the threat of substitute products or services, and the bargaining power of suppliers by using Porter’s five forces analysis. To authenticate the report, the researchers have included the opinions of industry experts about the trajectory of this market in the coming few years. 

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MARSH is a global professional services firm that brings together the best people to deliver high-impact client solutions in risk management and insurance brokerage with a global concentration in renewable energy. MARSH has a long history in supporting the development and operation of offshore wind farms and has provided guidance in finance, risk, insurance, and risk engineering for offshore wind projects in 15 countries worldwide. 

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Dominion Resources Inc. says it's cut the potential cost of its offshore wind farm test project by as much as $100 million by breaking it down into separate contracts and rebidding the work.

Divvying up the project dropped the estimated total price tag to about $300 million, officials said Thursday, compared to the $375 million to $400 million set by a single bidder last summer.

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Albany, NY -- (SBWIRE) -- 03/28/2016 -- Vessels, Cables and Foundations in the Offshore Wind Market - Global Market Size, Cost Analysis, Market Share and Demand-Supply Scenario to 2020" is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the vessels and foundation market in the offshore wind industry.  more

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PARIS - Investment in renewable energy hit a record $286 billion (256 billion euros) in 2015, more than half of which came from developing countries for the first time, according to a UN report released Thursday.

All told, new money put into solar, wind, biofuels and other cleaner energy technologies has exceeded $2.3 trillion since 2004, when total investment was less than $50 billion, it said.

"Renewables are becoming ever more central to our low-carbon lifestyles," said Achim Steiner, executive director of the UN Environment Programme (UNEP), which co-wrote the report.

"Importantly, for the first time in 2015, renewables investments were higher in developing countries than developed."

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The development of offshore wind farms took another halting step forward Thursday with the federal approval of a research facility off Virginia's coast to test wind turbines in a harsh open seas environment.

The decision clears the way for the construction of two 6-megawatt turbines 27 miles off Virginia Beach on the outer continental shelf, Bureau of Ocean Energy Management Director Abigail Ross Hopper said in a statement. The agency approved a research lease with the state last year.

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