Visit windpowermonthlyevents.com for the latest on our upcoming conferences and webcasts

Asia to drive capacity growth to 2018

WORLDWIDE: Global wind capacity is expected to reach 576GW by the end of 2018, according to a new report by Windpower Intelligence.

From the report: Global growth scenarios for annual installed capacity by region 2016-18
From the report: Global growth scenarios for annual installed capacity by region 2016-18

The Asian market, particularly China, is expected to drive the majority of the 160MW of new capacity with between 27-28GW of new projects added annually in the next three years, according to the Global Market for Wind Power to 2018 report, compiled by Windpower Intelligence, the data and research division of Windpower Monthly.

China will provide up to 23GW annually of that total, the report suggested.

"While most of this will be onshore, China's offshore activity will mean that Asia-Pacific (as a region) puts in an impressive performance in this segment with around 2.85GW forecast to be installed at sea this year, 3.5GW in 2017 and 2.7GW in 2018," said the report.

Europe is expected to add between 14-15GW annually by the end of 2018.

Despite China's dominance over the next few years, US-focused developers will lead the installation of expected new capacity between 2015 and 2018.

Apex Clean Energy (7.65GW), Scandia Wind Southwest (5GW) and Invenergy (3.54GW) top the list, according to the report.

Denmark's Dong Energy is expected to maintain its market leading position in the offshore sector with an additional 2.9GW expected to be added by the end of 2018.

 


The full Global market for Wind Power to 2018 report is available for purchase

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Windpower Monthly Events

Latest Jobs