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Working from an analysis of China’s approved wind energy project pipeline, as well as their own statistics, MAKE Consulting predicts that China will deliver approximately 21.5 GW of new grid-connected wind energy capacity in 2015.
Following rapid growth in 2014, MAKE Consulting expects the Chinese wind industry to continue growing in 2015, despite the looming second round of feed-in tariff (FIT) reductions expected at the end of 2016 or beginning of 2017.
MAKE’s analysis focused heavily on specific regional growth. The fourth quarter of 2014 saw a number of new projects approved in the Northwest, North, and South regions, “exceeding even centrally-planned batch approvals.”
Expectations for Xinjiang, especially Hami, have been upgraded, in part thanks to the region’s brilliant wind resources and project development conditions in China as a whole. Coastal provinces in the East, and Yunnan province in the South will all continue to benefit from a high average IRR thanks to high average wind utilization hours.
China To Install More Than 20 GW Wind Capacity In 2015, MAKE Reports
China To Install More Than 20 GW Wind Capacity In 2015 Make Reports
Working from an analysis of China’s approved wind energy project pipeline, as well as their own statistics, MAKE Consulting predicts that China will deliver approximately 21.5 GW of new grid-connected wind energy capacity in 2015.
Following rapid growth in 2014, MAKE Consulting expects the Chinese wind industry to continue growing in 2015, despite the looming second round of feed-in tariff (FIT) reductions expected at the end of 2016 or beginning of 2017.
MAKE’s analysis focused heavily on specific regional growth. The fourth quarter of 2014 saw a number of new projects approved in the Northwest, North, and South regions, “exceeding even centrally-planned batch approvals.”
Expectations for Xinjiang, especially Hami, have been upgraded, in part thanks to the region’s brilliant wind resources and project development conditions in China as a whole. Coastal provinces in the East, and Yunnan province in the South will all continue to benefit from a high average IRR thanks to high average wind utilization hours.
Pretty soon China will have a energy structure that isn't fucked with by natural gas or coal!
They are manufacturing grid scale batteries in North Carolina, and the first orders, already in the works, are from China.
That is correct.
