Critical Transition Period for Global Wind Industry Continues in 2017

Successful policy transitions and CoE gains critical to global outlook

MAKE’s Q1/2017 Global Wind Power Market Outlook Update presents an analysis of global and regional wind power installation forecasts through 2026. The global wind power industry added 52.4GW of capacity in 2016, resulting in the second highest year of annual grid-connected capacity trailing only the peak year in 2015. Although annual grid-connected capacity in the China market dropped 34% YoY, following a policy-induced rush in 2015, the rest of the world sustained annual capacity levels YoY with approximately 33GW of capacity.  A critical transition period for the global industry continues in 2017, as policy regimes in several markets globally shift to auction-based... ... More: Official Press Release MAKE

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MAKE, global wind power market outlook, study, report, numbers