The annual report from the Global Wind Energy Council was published on Tuesday, revealing that more than 54 gigawatts of new wind energy was installed during 2016, and that the technology is now competing with “heavily subsidized incumbents across the globe.”
The landmark Global Wind Report: Annual Market Update report was published on Tuesday by the Global Wind Energy Council (GWEC), the international trade association for the wind power industry. The main highlights from the report are more than 54 gigawatts (GW) of new wind power installed during 2016, now spread out over 90 countries. Of these countries, 9 now have more than 10 GW installed, and 29 have now passed the 1 GW mark.
Global cumulative wind energy capacity grew by 12.6% in 2016, bringing the final number up to 486.6 GW.