Ordered Turbine Capacity Reached New Heights in 2019

Wind Industry Profile of

2019 saw nearly 100GW of global wind turbine order capacity, shattering the previous record set in 2018, according to new analysis from Wood Mackenzie.

As noted in the Wood Mackenzie report, 'Global Wind Turbine Order Analysis: Q1 2020', this record demand resulted in an estimated $78bn in wind turbine order capacity in 2019. $25bn of that total is attributed to Q4 2019. Global wind turbine order intake increased by 8.4GW in Q4 2019 and 39GW for the full year, says Wood Mackenzie. China is integral to this growth, both onshore and offshore, with developers in the country ordering an astounding 50GW of wind turbine capacity in 2019. A perfect demand storm last year yielded three consecutive quarters of 12GW+ of wind turbine order intake in... ... More: Official Press Release Wood Mackenzie

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Wood Mackenzie, turbine, capacity, record, amount, global, deman, d, Q4, China, offshore, onshore