Wind Energy Report

Wind Energy Report
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Summary

This global report contains a full analysis of wind energy developments, worldwide and by country. 2010 was a weak year for the wind industry with only 37 GW installed. Once again growth was led by the Chinese market, which accounted for around one of every two wind turbines installed. Conse-quently, China overtook the US to become the number one wind market. The top three Chinese manufacturers, Sinovel, Dongfang and Goldwind, all increased their world rankings in terms of installed capacity, and secured more international contracts for turbines. The top five wind markets, China, the USA, Germany, Spain and India, are expected to remain the same in 2015 and 2020, with India swopping places with Spain in 2017 to be-come the fourth largest market. However, the top five markets will lose their market share as other existing and new markets install more capacity. NRG Expert expects the installed capacity to reach 398 GW in 2015 and 667 GW in 2020. We anticipate that Europe (including non EU countries) will represent some 38% of capacity, Asia 34% and North America 22% and remaining regions will count for 6%.

Scope

The top five wind markets, China, the USA, Germany, Spain and India, are expected to remain the same in 2015 and 2020, with India swopping places with Spain in 2017 to be-come the fourth largest market. However, the top five markets will lose their market share as other existing and new markets install more capacity.

The installed capacity is expected to reach 398 GW in 2015 and 667 GW in 2020. We anticipate that Europe (including non EU countries) will represent some 38% of capacity, Asia 34% and North America 22% and remaining regions will count for 6%.

Reasons to Buy

  • Make informed business decisions through a clear global understanding of this market
  • Design business strategies by understanding the trends, developments and predictions

Date Published

September, 2011

Format / Pages

PDF / 828