08 February 2012 - The Global Wind Energy Council annual market statistics published this week show that the wind industry installed just over 41,000 MW of new clean, reliable wind power in 2011, bringing the total installed capacity globally to more than 238,000 MW at the end of last year.. This represents an increase of 21%, with an increase in the size of the annual global market of just over 6%. So why has Spain decided to cut support for wind?
Today, about 75 countries worldwide have commercial wind power installations, with 22 of them already passing the 1 GW level, many in emerging markets.
“Despite the state of the global economy, wind power continues to be the renewable generation technology of choice”, said Steve Sawyer, GWEC Secretary General. “2011 was a tough year, as will be 2012, but the long term fundamentals of the industry remain very sound. For the second year running, the majority of new installations were outside the OECD, and new markets in Latin America, Africa and Asia are driving market growth.”
China has consolidated its position as global market leader, with a cumulative capacity of more than 62,000 MW, despite having faced a challenging year. “2011 was not an easy year for the Chinese wind industry. However, in the end, the industry has come out quite well, not only surviving the year, but also becoming more resilient to the various challenges. In the coming year, the industry will adapt to the government’s new requirements as well as those of the market. We expect the industry will grow stronger and more competitive in the next year”, commented Li Junfeng, Chairman of the Chinese Renewable Energy Industry Association (CREIA). read more>>>