China continues to lead global wind energy market, says new report

Source: CNBC
04/28/17, 06:02 AM | Solar Power, Other Renewables | research reports, Utility Wind, WindPower

Anmar Frangoul for CNBC:  Over 54 gigawatts (GW) of wind power were installed in 2016 and cumulative capacity grew by more than 12 percent to hit 486.8 GW, according to a new report from global trade association, the Global Wind Energy Council (GWEC).

Released on Tuesday, the GWEC's Global Wind Report: Annual Market Update forecasts nearly 60 GW of wind installations this year, with cumulative installed capacity seen reaching more than 800 GW by the end of 2021.
The GWEC said that Asia would lead growth, with China – which installed 23 GW in 2016 – leading all markets.
The report further outlined that the 2016 market had not met expectations set by the GWEC in early 2016. This was due to several reasons, including China installing "only" 23 GW in 2016 and smaller-than-expected markets in Mexico, Brazil, Canada and Africa.   Full Article:

More Solar Power Stories | Articles | News

Comments (0)

This post does not have any comments. Be the first to leave a comment below.

Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

U.S. BATTERY RENEWABLE ENERGY SERIES DEEP CYCLE BATTERIES

U.S. BATTERY RENEWABLE ENERGY SERIES DEEP CYCLE BATTERIES

Our RE Series batteries are designed to provide the highest peak capacity, longest cycle life, and greatest reliability for use in industrial or residential renewable energy applications. Renewable Energy Series batteries utilize the company's exclusive XC2™ formulation and Diamond Plate Technology® to create the industry's most efficient battery plates, delivering greater watt-hours per liter and watt-hours per kilogram than any other flooded lead-acid battery in the market. Our Deep Cycle batteries are engineered to work with solar panels as well as other renewable energy applications.
More Products
Feature Your Product