The Global Wind Turbine Generator Supply Chain Update 2021 marks GWEC Market Intelligence’s third assessment of the supply chain for this key component. The report is part of GWEC Market Intelligence service, which provides provide insights and data-based analysis on the development of the wind industry, available exclusively to GWEC Members.
GWEC Market intelligence has seen a total of 12.78 GW of wind power capacity awarded through auctions and tenders in Q2 2021. That is almost six times larger than the comparable quarter las year – Q2 2020, which saw ~2.17 GW awarded. It is also an enormous increase on Q1 2021, which saw ~7 GW awarded.
Offshore wind will have a prominent role in India’s energy transition. As the world’s third-largest producer and fourth-largest consumer of electricity, India’s energy demand is forecast to grow between 6-7% year-on-year over the next decade. Current government initiatives like 24*7 Power for All, Make in India, Atmanirbhar Bharat (Self-reliant India) and the National Mission for Enhanced Energy Efficiency are aiming to create secure and low-carbon energy systems. This will in turn require a large-scale and reliable renewable energy supply.
Over the last two years, national policy reforms have eroded the investment environment in Mexico for renewable energy. But the latest proposal to reverse key parts of the Electricity Act, Ley de la Industria Eléctrica (LIE), poses an unequivocal threat to all local and foreign private sector investment into Mexico’s formerly robust renewable energy market. …