Markets & Forecasts
China’s wind capacity to drive global growth this year
After substantial growth in its installed wind capacity in 2018, China expects to see further significant expansion this year despite government efforts to ease its subsidy burden After substantial growth in its installed wind capacity in 2018, China expects to see further significant expansion this year despite government efforts to ease its subsidy burden.
2 April 2019
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China had around 164 GW of installed wind capacity in 2017, according to government statistics. The country is estimated to have installed around 23 GW in 2018, raising its wind capacity by 14%. China’s wind capacity accounted for roughly 33% of the global total last year. The country is planning further expansions to its wind capacity in 2019.
Government subsidies for new wind projects are being phased out in an effort to limit the financial burden of renewable generation. New wind capacity will be auctioned, it...
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