Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

China Reaches 50 GW Of Connected Grid Wind Capacity; Expected To Top 140 GW By 2015

China advanced past 50 gigawatts (GW) of on-grid/connected wind power capacity in 2012, and this is expected to grow a further 40% by the end of 2013.

GTM Media Research and Azure International in their China Wind Market Quarterly for the fourth quarter of 2012 said the emerging market country is on target this year to add another 18 GW of installed grid connected wind capacity.

Some of the underlying strength seen in the Chinese wind market is due to recent government action to help solve some of the domestic wind industry concerns. This included revamping surcharge revenue and pre-appropriating funding this year.

“China’s wind industry retains its leadership position worldwide, whether looking at policy targets, overall installation numbers or innovation,” said co-author of the report Anders Hove.

“Fully understanding the world’s largest wind energy market requires an in-depth understanding of complex issues, and that’s why this report is timely. We need to understand the reasons for interconnection delays, develop an expectation for future curtailment, and look province by province at the cash flow issues created by slow disbursement of renewable energy surcharge funds,” he said.

Meanwhile, based on report projections, China will reach 140 GW of installed capacity by 2015, far exceeding expectations in 2011 of 100 GW.

In 2012 alone, China had nearly 35% of new wind power installations, virtually neck and neck with the United States to take top the spot, according to the Global Wind Energy Council’s 2012 report.

To see just how fast China’s wind energy industry has grown so far this century, we can look back and see that China only had 5.9 GW of installed capacity in 2007. Meanwhile, by 2020, China is expected to have nearly 250 GW of installed capacity. That would represent over 42 times the 2007 installed capacity.

However, rapid growth for China’s wind sector should become more levelled out in the years to come, as the industry should see more linear growth, the report said.

Will China be able to keep up its strength and reach the 250 GW installed capacity mark by the end of the decade? It would not be surprising if that target is reached before the start of 2020. Maybe the only question left to ask is whether it will it happen sooner or later.

Main Source: Greentech Media

 
I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...
If you like what we do and want to support us, please chip in a bit monthly via PayPal or Patreon to help our team do what we do! Thank you!
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
 

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
 

Written By

is expected to complete the Professional Development Certificate in Renewable Energy from the University of Toronto by December 2017. Adam recently completed his Social Media Certificate from Algonquin College Continuing & Online Learning. Adam also graduated from the University of Winnipeg with a three-year B.A. combined major in Economics and Rhetoric, Writing & Communications in 2011. Adam owns a part-time tax preparation business. He also recently started up Salay Consulting and Social Media services, a part-time business which provides cleantech writing, analysis, and social media services. His eventual goal is to be a cleantech policy analyst. You can follow him on Twitter @adamjohnstonwpg or check out his business www.salayconsultiing.com.

Comments

You May Also Like

Cars

Kia and Ford are bringing new midsize electric SUVs to market --- one for China and one for Europe -- but none for the...

Clean Power

Steel, like concrete, is such an integral part of our world that we rarely notice it. From wherever you are reading this, I guarantee...

Buildings

We've already manufactured an awful lot of steel. There are hundreds of billions of tons of the stuff lying around, much of it obsolete.

Clean Power

We've mined enormous amounts of iron and coal in order to build infrastructure to extract, process, refine, and distribute fossil fuels, and we're going...

Copyright © 2023 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.

Advertisement