Global wind industry reached nearly 100 GW of new installed capacity in 2020

According to recent analysis by BloombergNEF, in last year’s record-setting year, the wind market commissioned nearly 100 gigawatts (GW) of new build in 2020. Undeterred by COVID-19, installations grew 59% year-on-year. Developers commissioned 96.3 GW of wind turbines globally in 2020, compared with 60.7 GW the previous year, said BNEF. Most of these were on […]

The post Global wind industry reached nearly 100 GW of new installed capacity in 2020 appeared first on Renewable Energy World.

Read

GWEC: Nearly 30GW of new wind energy capacity was auctioned in 2020

According to new analysis by GWEC Market Intelligence in its latest Q4 2020 Wind Energy Auction Update, nearly 30GW of new wind power capacity was awarded globally through auctions in the second half of 2020, which is a slight increase compared to the 28GW awarded during H2 2019. This surge in new auctioned capacity is a clear signal that the industry is back on track and committed to building up the global pipeline of wind power projects, notes the report.

The post GWEC: Nearly 30GW of new wind energy capacity was auctioned in 2020 appeared first on Renewable Energy World.

Read