The global wind energy industry enjoyed another strong year in 2017, installing a total of 52,573 megawatts worth of new wind capacity, increasing the global cumulative installed capacity up to 539,581 megawatts (MW), as “dramatic price drops” exemplify the current state of play around the world.
The Global Wind Energy Council (GWEC) published its annual market statistics on Wednesday, revealing yet another strong year for the global wind energy industry, but a year still well down on 2015 and continuing a recent downward trend. China “only” installed 19.5 gigawatts (GW) in 2017, down from the 23 GW it installed in 2017 and the 30.5 GW it installed in 2016. US wind installations were around the 7 GW mark, followed by Germany with 6.5 GW.
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