Time: 9:00 AM EDT (Eastern Daylight Time, USA) / 8:00 AM CDT (Central Daylight Time, USA) / 6:00 AM PDT (Pacific Daylight Time, USA) / 1:00 PM GMT (Greenwich Mean Time, UK) / 3:00 PM CET (Central European Time)
The wind industry set a new record for annual installations in 2014: globally, 51,477 MW of new wind generating capacity was added representing a 44% increase in the annual market, and is a solid sign of the recovery of the industry after a rough patch in the past few years. Total cumulative installations stand at 369,553 MW at the end of 2014.
China continues to drive global growth, setting a new record in 2014 with 23,351 GW of new wind power, representing 45% of the global market, and dominating the world-leading Asian market's total installations of 26,161 MW. India's 2,315 MW was a distant second, although the stage is now set for a new round of market growth in that country.
The European market grew marginally in 2014, with 12,820 MW of new capacity, and just shy of 2012's record. Germany's 5,279 MW of new capacity smashed the old record and cemented its position as European market leader, with the UK a distant second at 1,736. Sweden passed the 1,000 MW mark for the first time with 1,050 MW, and France was the last of four European markets surpassing 1 GW with 1,042 MW installed last year.
Africa's largest wind farm came on line with the commissioning of the 300 MW Tarfaya plant in Morocco, and South Africa's market made a strong start with 560 MW, pushing African totals to 934 MW.
Brazil's 2,472 MW in new installations led Latin American installations of 3,749 MW, although Chile (506 MW) and Uruguay (405 MW) also made strong showings. The US market recovered in 2014 from 2013's nadir with 4,854 MW, Canada (1,871 MW) set a new record and Mexico (522 MW) was solid. Australia's 567 MW showed that the renewables industry in Australia is not dead, despite the best efforts of the government to kill it.
A webinar jointly organized by GWEC and Renewable Energy World on 21 April 2015 at 3 P.M. CET will present key highlights from GWEC’s fresh out of print Global Wind Report which features insights into the most important wind markets around world, as well as projections out to 2019 along with an overview of the current status of global offshore market. Participants can hear about the up and coming new and emerging wind markets. from Steve Sawyer, CEO GWEC.
Martin Billhardt, CEO PNE WIND, co-sponsor of this year’s report, will update participants on YieldCo - Providing the wind industry with new opportunities to reduce costs.
The emergence of the YieldCo provides the wind industry with new opportunities to reduce costs and improve its competitive positioning against fossil fuels. YieldCos are public companies which hold portfolios of operational renewable energy projects and distribute earnings through regular dividend payments. Owing to their balanced risk profile and steady income streams, YieldCo investors provide a very competitive source of capital and present project developers with an opportunity to bid low power prices in competitive tender rounds, which are becoming common place as the sector matures.
Steve Sawyer, CEO of GWEC
Steve Sawyer joined the Global Wind Energy Council as its first Secretary General in April 2007. The Global Wind Energy Council represents the major wind energy associations (China, India, Japan, Brazil, Mexico, Australia, Canada, USA, Europe, Germany, Spain, Denmark, Italy, Korea, South Africa and UK) as well as the major companies involved in the global wind industry.
Steve has worked in the energy and environment field since 1978, with a particular focus on climate change and renewable energy since 1988. He spent many years working for Greenpeace International, representing the organization at intergovernmental and industry fora primarily on energy and climate issues. At GWEC he is focused on working with intergovernmental organizations such as the UNFCCC, IPCC, IRENA, IEA IFC and ADB to ensure that wind power takes its rightful place in the energy options for the future; and with opening up new markets for the industry in Latin America, Africa and Asia.
Steve is also a founding member of both the REN21 Renewable Energy Policy Network and the IEA’s Renewable Industry Advisory Board. He advised the Chinese government on the formulation of its renewable energy legislation, as well as providing expert reviewing for the IPCC’s Working Group III. He grew up in rural New Hampshire and holds a B.A. in Philosophy from Haverford College, is married to Kelly Rigg, has two children Layla (25) and Sam (20) and has lived in Amsterdam since 1989.
Martin Billhardt, CEO of PNE WIND
Martin Billhardt is the CEO of PNE WIND AG. He has been associated with PNE WIND AG since 1998. Prior to joining the company, he studied law and worked for more than 10 years as the managing director of a family office doing real estate and private equity investments. In 1998, he became non-executive member of the board of PNE WIND AG, in 2004 the CFO and in 2008 the CEO. He is responsible for sales, business development, wind turbine procurement, human resources and public/investor relations.
Webcast sponsored by: