China is making massive investments in clean energy as the government works to meet climate targets and clean up polluted cities. According to a new report, China installed 30.5 gigawatts of wind power in 2015 – which accounts for nearly half of all new global wind energy installations. The most populous country in the world beat the United States in second place by a wide margin — the U.S. installed 8.6 GW, while third place Germany installed 6.1 GW. Brazil and India each installed 2.6 GW.
“After focusing on increasing its installed capacity, China’s 13th Five Year Plan has raised the 2020 wind target to 250 GW, and aims to shift the focus from scale expansion towards quality and efficiency,” said Ankit Mathur, GlobalData’s Practice Head for Power. “Indeed, the Operations and Maintenance (O&M) market in China, and all over the world, is poised for a growth phase.”
GlobalData predicts that China will maintain its position as the top nation for wind energy, installing 23 GW in 2016. The firm also predicts that China’s installed wind capacity will triple by 2030, increasing total capacity from 149 GW last year to 495 GW.
But China is not just installing huge amounts of wind in its borders. The country is venturing into other markets, including the U.S. and U.K. Goldwind, the world’s largest wind turbine manufacturer, recently announced that it bought the Rattlesnake Wind Project in Texas. The wind farm will consist of 64 of Goldwind’s 2.5-megawatt wind turbines. The U.K.’s first Chinese-backed offshore wind farm is moving forward. And the 588-megawatt Beatrice project off the northwest coast of Scotland is expected to be completed in 2019.
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