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GWEC: Wind power industry to install 71.3 GW in 2020, showing resilience during COVID-19 crisis

According to the latest market outlook published today by GWEC Market Intelligence, 71.3 GW of wind power capacity is expected to be installed in 2020 despite the impacts of COVID-19, which is only a 6 per cent reduction from pre-COVID forecasts. This is a significant increase from original predictions that expected wind power installations to be reduced by up to 20 per cent due to the pandemic, demonstrating the resilience of the wind power industry across the globe.

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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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