GWEC Market Intelligence has published the second edition of its annual Wind O&M Service Provider Overview and Database, which shows that the global wind O&M service market is set to experience a major boom over the next five years. While the latest GWEC Market Intelligence market outlook expects a solid 3 per cent compound annual growth rate (CAGR) for new wind installations from 2020-2024, the CAGR for the aftersales and service market is expected to be in the double digits over the same period.
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The Power of Our Ocean
1,400 GW of offshore wind by 2050 achievable with increased government commitment and collaboration according to new report published by the Ocean Renewable Energy Action Coalition (OREAC).
GWEC to launch GWEC India to help develop India’s vast wind power potential and support green recovery
The new industry association will focus on building out India’s huge potential and local supply capacity, addressing regulatory bottlenecks, sharing best international practices and experience and facilitating dialogue and cooperation between government and industry stakeholders.
IRENA and GWEC Enhance Cooperation to Scale Up Renewables Globally
The International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) signed a cooperation agreement in order to join efforts aimed at increasing the adoption and deployment of wind and renewable energy worldwide.
Wind power industry to install 71.3 GW in 2020, showing resilience during COVID-19 crisis
Find out more on the growth of the global wind power industry in GWEC Market Intelligence's latest market outlook.
The pandemic tested the wind industry like never before in 2020, and the wind sector responded with Resolve, Resilience and Resourcefulness.