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Market to Watch: Offshore Wind in India – Key policy advances can lead to rapid gains for the sector

Onshore wind energy currently stands as the second largest renewable energy sources in India – the world’s third-largest producer and fourth-largest consumer of electricity. Aiming to ensure energy security through the country’s Low Carbon Emission Pathways, there is a clear need for renewables to play a bigger role in diversifying its energy mix, not only to limit the effects of global warming, but also to reduce pollution, create new economic opportunities, and achieve Prime Minister Modi’s vision of ‘Atma Nirbhar Bharat’, or a ‘Self-reliant India’.

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Market to Watch: China’s Offshore Wind Industry Post-2021

From its first 102 MW Donghai Bridge Wind Farm near Shanghai commissioned in 2010, China has since been busy building swathes of turbines at sea with nearly 7 GW of capacity already installed as of December 2019. While China is considered a late bloomer in the offshore wind industry, it is expected to surpass offshore wind pioneers like Germany and the UK in terms of cumulative installations by as early as this year.

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Market to Watch: APAC remains a strong manufacturing hub for turbine OEMs with record high supply side deliveries

Europe is considered the cradle for modern wind turbine technologies, which explains why European OEMs such as Vestas and Siemens Gamesa Renewable Energy are today’s global leaders in wind turbine manufacturing and turbine technology innovation. Although most Asian suppliers have historically relied on turbine technologies licensed from Europe to enter the wind industry, Asia Pacific has now become the world’s largest wind turbine manufacturing hub after a decade of development. In 2019, GWEC saw eight Asian turbine suppliers making the cut in the world’s top fifteen supplier ranking, as per GWEC Market Intelligence’s latest report ‘Supply Side Data 2019’.

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Industry Pulse: Powering the Future – Workforce Requirement Conversion

Global Wind Organisation is the industry body responsible for safety training standards for over 90,000 of the world’s wind energy workers has revealed its network is emerging from Covid-19 lockdown. There are over 350 GWO Certified Training Centres in 43 countries around the world and up to 83% told a recent survey that they will have reopened their doors by the end of May.

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Media Enquiries

Alex Bath

alex.bath@gwec.net