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More than 80GW of new wind power capacity expected in 2021

More than 80GW of additional wind energy capacity is expected to come online in 2021, according to Joyce Lee, Policy & Operations, Director for the Global Wind Energy Council (GWEC).

Due to a delay with projects in 2020 as a result of the Covid-19 pandemic, a record year is expected in 2021 in terms of new wind capacity coming online, since originally, the record year was supposed to be the current one.

Joyce Lee, Policy & Operations, Director for the Global Wind Energy Council (GWEC), revealed, citing GWEC’s latest data, that by the end of 2019, 651GW of wind power was installed world-wide. Onshore wind accounted for the vast majority of this, 621GW, with offshore wind installations accounting for 29.1GW. “China accounts for one third of global onshore capacity and one quarter of the offshore market.” said Lee.

GWEC forecasts that more than 205GW of offshore wind capacity will be installed by 2030. The wind power organisation expects annual capacity additions to average 71GW over the next five years to 2024, with the compound growth rate for new wind capacity about 12 per cent for the past five years.

Source: Energy & Utilities