WORLD WIND GREW 42% IN 2014

World Wind Energy Market Update 2015; International Wind Energy Development: 2015–2019

1Q 2015 (Navigant Research)

“After a dismal 2013, when worldwide wind power installations fell by 20%, the wind energy industry rebounded strongly in 2014. Installations grew by 42% year-over-year in 2014 to 51.2 GW of wind power and cumulative installed capacity climbed to 372 GW. Market growth was largely supported by a policy-driven acceleration of installations in three key countries: China, Germany, and the United States...Asia’s extraordinary growth helped it pass Europe as the region with the most cumulative capacity. The continent hosts 37.3% of all the wind power capacity, 1.5 percentage points more than Europe…[Europe] accounted for 23.7% of 2014 global installations…All the countries tracked except Argentina installed more turbines than in 2013. The Americas represented 22.1% of global new installations…China again held the title of the world’s largest annual market with 23.3 GW of new wind power installed in 2014. Germany remained a distant second with 5.1 GW, followed by the United States with 4.9 GW…Brazil almost tripled new installations, adding 2.8 GW in 2014, enough to make it the fourth-largest market…Penetration of wind power in the world’s electricity supply reached 3.4% in 2014…” click here for more

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