Wind Market Hits New High

11/09/2015 Back

Global wind energy capacity has increased at a much faster rate in the first six months of 2015 compared to the same period in 2013 and 2014.

A new report from the World Wind Energy Association shows that total wind capacity reached 392,927MW at the end of June 2015, with 21,678MW added in the first six months of 2015, compared to just 13,900 in 2013 and 17,600 in 2014.

This means global wind capacity grew by 16.8% in the period from June 2014 to June 2015.

China remains the top of the pack in terms of growth capacity with Brazil not the fourth largest market for new wind turbines, with its wind capacity up by 14% since the start of the year.

WWEA secretary general Stefan Gsanger said: “The world market for wind power is booming like never before, and we expect new record installations for the total year 2015. The main markets are still China – with an astonishing growth of more than 10 Gigawatt within six months – USA, Germany and India.”

All wind turbines installed worldwide by mid-2015 can generate 4% of the world’s electricity demand.

The report states that the reasons for the rise in worldwide wind markets economic advantages, competitiveness, concerns over the international oil and gas supply markets and the need for emission free technologies to reduce climate change and air pollution.

For story please visit: http://renews.biz/95241/wind-market-hits-new-high/

Share this: