The Global Wind Energy Council released its annual market statistics today. The 2017 market remained above 50 GW, with Europe, India and the offshore sector having record years. Chinese installations were down slightly – ‘only’ 19.5 GW – but the rest of the world made up for most of that. Total installations in 2017 were 52,573 MW, bringing the global total to 539,581 MW.
“The numbers show a maturing industry, in transition to a market-based system, competing successfully with heavily subsidized incumbent technologies”, said Steve Sawyer, GWEC Secretary General. “The transition to fully commercial market-based operation has left policy gaps in some countries, and the global 2017 numbers reflect that, as will installations in 2018.