Emerging Markets Drive Global Wind Growth



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“The need for clean, sustainable indigenous power sources to fuel economic growth throughout Africa, Asia and Latin America is increasingly being met through wind power, and this will continue for the foreseeable future”.

1 April, Istanbul. The Global Wind Energy Council launched its flagship publication the Global Wind Report: Annual Market update today in Istanbul. The report details wind power’s remarkable growth in 2014, as well as updating GWEC’s rolling 5 year market projections, which show continued growth for the rest of the decade.

Led by China and Brazil in the first instance, as well as Mexico and South Africa, non-OECD markets outstripped the traditional markets in Europe and North America again in 2014. China installed an astonishing 23 GW of new wind power last year, bringing its cumulative total to more than 114 GW, and Brazil was the world’s 4th largest market in 2014, and entered the top 10 in cumulative rankings for the first time. The African market took off in 2014, and Germany, Chile, Canada and Turkey also had record years.