Asia Pacific Region Can Add more than 96 GW in the Next Decade

Wind Industry Profile of

Growing into one of the largest sub-regions in the world, Asia Pacific excluding China is expected to add more than 96GW of new capacity over the next 10 years

By 2022, annual wind power capacity in Asia Pacific excluding China (APeC) will reach a peak of 12.1GW. More than double the capacity added by the end of 2017 at 5.5GW. The positive forecast is primarily thanks to market dynamics in India, Australia and Taiwan and MAKE expects cumulative capacity in the region to amount to 141GW in the 10-year outlook period.  Wind development in India will achieve record years of new added capacity but grid limitations could curtail growth prospects. Having started the transition to an auction mechanism in 2017, growth of wind power is now mostly reliant on large-scale... ... More: Official Press Release MAKE

Keywords:

MAKE, consult, Asia Pacific, GW, decade, wind development, study, prediction