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Market to watch: China

China is the world’s largest wind power market in both new and cumulative installations. In 2018, the country installed 20.2 GW of onshore wind and 1.6 GW of offshore wind, representing 44% and 37% of global market share respectively.

China will end subsidies for new onshore wind power projects at the start of 2021, with renewable projects set to compete on an equal footing with coal- and gas-fired electricity, the country’s state planning agency announced.

Altogether, China continues to be on track to lead the transition from traditional energy sources such as coal, to wind and other renewables – and they are proving that this transition can now be subsidy-free!

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GWEC to expand its local team in China

In order to provide professional services to our members and support the GWEC activities in the world’s largest wind market, GWEC has recently expanded our local team in China by adding Mr. Wanliang Liang as our new China Director.

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GWEC launches Policy Pulse on Brazil as part of its Market Intelligence Platform

The Global Wind Energy Council (GWEC) has launched a Policy Pulse report on Brazil, which provides qualitative analysis of the political and macroeconomic headwinds steering the wind sector and the measures needed to unlock greater wind power potential.

With 15.1 GW of wind power, Brazil is the most advanced wind market in Latin America. Since the de-contraction auction in 2017 – the first such exercise in wind power markets worldwide – five rounds of auctions have demonstrated strong interest in wind power development, with competition and pent-up demand driving prices down to record lows. Growth is on-track to continue steadily through 2023.

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GWEC and World Bank host intergovernmental delegation for the next chapter of offshore wind in emerging markets

GWEC, in partnership with the World Bank Group, held the first intergovernmental forum for emerging markets with strong offshore wind potential in London this week. The forum brought together governments, commercial developers, development partners and wind energy experts from developing countries in order to realise the offshore wind potential in emerging markets.

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GWEC launches newest Policy Pulse on Argentina on its Market Intelligence Platform

The Global Wind Energy Council (GWEC) has launched a Policy Pulse report on Argentina, which provides qualitative analysis of the political and macroeconomic headwinds steering the wind sector and the measures needed to unlock greater wind power potential.

Argentina is a promising market with some of the best wind resources in the world. Wind energy has enjoyed a strong three years, establishing itself as one of the country’s main energy sources despite macroeconom

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Vietnam Wind Power 2019 – Government and Industry Gather to Discuss Wind Development in Vietnam

The Global Wind Energy Council (GWEC) hosted its annual Vietnam Wind Power Conference on the 11-12 June in Hanoi for the second time running, gathering major international wind companies, energy authorities, financial institutions and regulators to discuss the potential for wind energy in Vietnam and the impact of renewables in the region. Vietnam Wind Power 2019 is the official industry event taking place in partnership with GIZ, the Danish Embassy Hanoi and the Embassy of Ireland.

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