06/09/2019
Posted by: Windfair Editors
Report 'Africa Wind Power Market Outlook 2019' Published
Official Press Release Wood Mackenzie:
South Africa demand surge made 2018 banner year for African wind turbine order intake
Wind Industry Profile of
2018 was a record-breaking year for wind turbine manufacturers in Africa. The South African government signed long-pending PPAs in April 2018, which helped independent power producers (IPPs) to announce final investment decisions (FID), according to new research from Wood Mackenzie Power & Renewables.
As noted in the report, 'Africa wind power market outlook 2019', construction activity in South Africa will peak at more than 1GW of capacity in 2020 and 2021 as developers race to operationalise projects that were awarded through bidding window 4 in 2015. In the longer term, the country's Integrated Resource Plan is expected to target more than 10GW... ... More: Official Press Release Wood Mackenzie
- Keywords:
- Wood Mackenzie, Africa, wind energy, wind market, South Africa, turbine, installation, renewable energy, market
