Research and Markets has announced the addition of the”Global and China Wind Turbine Industry Report, 2016-2020″ report to their offering.
In 2015, global new installed wind power capacity reached 63.01GW, up 22.41% YoY, refreshing new installed wind power capacity records again. China continues to lead the global wind power market with new installed capacity of 30.75GW in 2015 and the first worldwide ranking for six consecutive years.
The wind power market will continue to be buoyant during the 13th Five-Year Plan period (2016-2020). The global total installed wind power capacity is expected to surpass 700GW by 2020, of which, China will reach around 250GW.
Large-scale wind power is the development trend of wind power technology in recent years. China’s new per-unit power of wind turbine has been on the rise since 2000, hitting 1,837kW in 2015, more than three times as much as that in 2000. Concerning China’s new installed wind power capacity in 2015, 1.5MW and 2MW wind turbines were predominant with a combined 84% share, of which, 2MW wind turbine outperformed 1.5MW wind turbine for the first time and accounted for 50%.