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What's going on in the Asian wind market beside Chinese domination?
Official Press Release MAKE:
Asia Pacific (excl. China) Wind Power Outlook 2017
India will remain the dominant market in APeC, but other major wind markets such as Japan and Australia will gain momentum over the next 10 years
Wind power capacity added in Asia Pacific excluding China (APeC) in 2016 amounted to 4.8GW. Annual capacity is expected to increase by more than 30% in 2017 YoY due primarily to market dynamics in India and Australia. More than 72GW of new capacity will be added in APeC over the next 10 years making it one of the largest sub-regions in the world to reach 111GW of total cumulative capacity. Developers in India rushed to complete projects before the Accelerated Depreciation scheme was reduced in value and expiration of the Generation Based Incentive at the end of March. Following the results of the first national wind power... ... More: Official Press Release MAKE