China has overtaken the EU to become the world’s top region for wind power, thanks to a burst of turbine installations in the past year, a new report has found. China installed nearly half of the 63 gigawatts of wind power added globally in 2015, the Global Wind Energy Council said on Wednesday, and now accounts for about a third of the world’s installed wind power capacity. That is almost twice the figure for the US (17 per cent) and three times that of Germany (10 per cent), the biggest by capacity, according to the council’s data. Worldwide wind capacity rose 17 per cent to 432GW in 2015, as governments and corporations pushed towards low-carbon energy ahead of international negotiations in Paris aimed at curtailing emissions from fossil fuels. China was not the only emerging market to show rapidly rising wind power installation. India now outranks Spain as the fourth-largest market.
FT 10th Feb 2016 read more »