Cyclical slowdowns to blame for 2016 dip



Visit website

Windpower Monthly

The industry faced a year of consolidation in 2016 according to the Global Wind Energy Council (GWEC) in its 2016 Global Wind Report, released in India today.

The trade body said “cyclical and political related slowdowns” in key markets such as China, Brazil, Mexico, South Africa and Canada meant the industry failed to match its 63.6GW+ total from 2015.

GWEC said China was strill struggling with curtailment, which increased to 17% last year, from 15% in 2015.