MAKE Consulting released last week its Q2/2015 Global Wind Power Market Outlook Update, which offers a detailed market forecast for more than fifty key and emerging markets for wind power from 2015 to 2024. The forecast data includes a split of expected onshore and offshore development, and analysis of the latest wind turbine order intake and pricing trends.
Key points in the report include:
- 6GW upgrade in China further inflates 2015 growth bubble
- Regulatory reform and lower subsidies trigger a market transition from 2016 to 2019
- A new period of global growth begins in 2019, with average annual growth more than 65GW
- Global firm order intake up 56% YoY in Q1/2015 to over 12GW
A minimum premium subscription to MAKE is needed to download the report.
Filed Under: News, Policy