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.
New analysis by the Global Wind Energy Council (“GWEC”) shows that 3.3 million new wind power jobs can be created globally over the next five years thanks to major industry expansion. This figure includes direct jobs in both onshore and offshore wind, and covers the entire value chain of the sector: project planning and development; manufacturing; installation; operation and maintenance (O&M); and decommissioning.
In this special edition of GWEC’s 16th annual flagship report ahead of the crucial COP26 conference in November 2021, the Global Wind Report 2021 highlights wind power’s role on the road to net zero.
2020 was the best year in history for the global wind industry with 93 GW of new capacity installed – a 53 per cent year-on-year increase – but this growth is not sufficient to ensure the world achieves net zero by 2050. The world needs to be installing wind power three times faster over the next decade in order to stay on a net zero pathway and avoid the worst impacts of climate change.