GWEC predicts 34% installation surge in 2014

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Windpower Monthly

In its Global Wind Report, Annual Market Update, GWEC said it expects a surge in installations in the US following a fallow year, while strong growth in Brazil and China are also expected to drive the increase.

However, the predicted growth would come from a low base following a wan year when installations fell by more than 20% to 35.3GW.

GWEC said that global market growth is expected to stabilise through to 2018, leading to “a period of steady but unspectacular growth”.