Graph of the Day: Wind capacity set to nearly double in 5 years



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RenewEconomy

While the large-scale solar market continues to wow, a new report has forecast a near doubling of the world’s installed wind power capacity in the next five years, citing new policy pushes in China and India – and a “roaring back”to form from Australia.

In its Global Wind Report: Annual Market Update, published on Tuesday in Delhi, the Global Wind Energy Council (GWEC) says  these initiatives will help deliver a cumulative installed capacity of 800GW by the end of 2021, up from the current total of 486.8GW.

More than 54GW of clean renewable wind power was installed across the global market in 2016. This was expected to increase again in 2017, to almost 60GW of new installations, and then to an annual market of about 75GW by 2021, to bring cumulative installed capacity of over 800GW by the end of 2021.