Wind Energy Powers Ahead Despite Economic Turmoil

>> Feb 09, 2012

The Global Wind Energy Council annual market statistics published recently show that the wind industry installed just over 41,000 MW of new clean, reliable wind power in 2011, bringing the total installed capacity globally to more than 238,000 MW at the end of last year. This represents an increase of 21%, with an increase in the size of the annual global market of just over 6%. Today, about 75 countries worldwide have commercial wind power installations, with 22 of them already passing the 1 GW level. 

China has consolidated its position as global market leader, with a cumulative capacity of more than 62,000 MW, despite having faced a challenging year. “2011 was not an easy year for the Chinese wind industry. However, in the end, the industry has come out quite well, not only surviving the year, but also becoming more resilient to the various challenges. In the coming year, the industry will adapt to the government’s new requirements as well as those of the market. We expect the industry will grow stronger and more competitive in the next year”, commented Li Junfeng, Secretary General of the Chinese Renewable Energy Industry Association (CREIA).  

For India, 2011 installations pushed India’s total capacity to just over 16,000 MW, while in the EU, 9,616 MW of wind energy capacity was installed in 2011, for a total installed capacity of 93,957 MW – enough to supply 6.3% of the EU's electricity, according to the European Wind Energy Association (EWEA). After a difficult 2010, the US wind sector bounced back, with installations of more than 6800 MW. Latin America also had a good year, growing by a total of more than 1200 MW, led by Brazil. Brazilian installations were up by half, adding 587 MW to reach a total of just over 1500 MW. “Brazil reached the 1 GW milestone during 2011, and has a pipeline of more than 7,000 MW to be completed before the end of 2016,” said Pedro Perrelli, Executive Director of the Brazilian Wind Energy Association (ABEEOLICA). “The Brazilian wind sector has attracted significant investment, facilitated by the policies of the BNDES (Brazilian National Sustainable Development Bank), but a new policy framework with clear rules for the future is increasingly necessary to keep the pace of growth strong."

Source: CleanEdge

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