On the global stage, China is the leading market for wind energy. With wind capacity of 168.7 GW at the end of 2016, it held a market share in new deployments of over 42 percent. China’s commitment to renewables, with a focus on wind, doesn’t show signs of ebbing: aiming for 20 percent of its energy needs to be met with clean energy by 2030 and pledging to invest US$367 billion in renewables by 2020, MAKE Consulting predicts China averaging over 25 GW of new wind capacity annually for the next decade.
A Revealing Look at Wind’s Big Markets and Emerging Challenges
Dec 14, 2017
