WIND TURBINE MAKERS BREAKING RECORDS

2014 a record breaking year for wind turbine manufacturers

Charlotte Malone, February 23, 2015 (Blue&Green)

“For wind turbine manufacturers, 2014 was a record breaking year…[though] the sector could see a fall in demand in 2016 because of regulatory uncertainty…Global Wind Market Update – Demand & Supply 2014 [from FTI Consulting reports]…that global wind capacity reached more than 50 gigawatts in 2014, over 40% growth on 2013. The record breaking growth is mainly driven by China, Germany and Brazil. All ten of the top wind turbine original equipment manufacturers have benefitted from the growth, reporting individual records for installations…[T]he wind industry is continuing to see a transition away from feed in tariffs and towards more ‘market-reflective’ support mechanisms in 2014. Despite the progress made last year, it adds that the global wind market is likely to fall next year, partly due to uncertainty in regulations…” click here for more

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