Wood Mackenzie: Golden Age of Wind Power Ahead

Wind Industry Profile of

Industry to install nearly 1 TW of new capacity from 2021 to 2030

114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY), according to new research from Wood Mackenzie. This is the highest global annual installation total on record.   China’s National Energy Administration reported 72 GW of installed capacity in 2020, which alone would have qualified as the most capacity added globally in a single year, says Wood Mackenzie. This total includes partially completed projects, as developers claimed full capacity to capitalise on the onshore wind subsidy before it expired at the end of last year. As noted in the Wood Mackenzie report, the rest of the world - excluding China - added nearly 43 GW in... ... More: Official Press Release Wood Mackenzie

Keywords:

Wood Mackenzie, wind power, installation, record, 2020, decade, increase, GW, China, USA, Brazil, Netherlands, Australia, TW, capacity, solar, wind