27 Nov '13, 8am

China leads the way in small-wind power market: With growing incentives announced by various governments and l...

According to the company’s latest report - Small Wind Turbines up to 100kW, 2013 Update – Global Market Size, Analysis by Power Range, Regulations and Key Country Analysis to 2020 - the global small-wind turbine cumulative installed capacity is also expected to witness a significant increase from 728.3 MW in 2012 to 4,644.7 MW by 2020, at a CAGR of 26.1%. Additionally, China, the US and UK contributed to more than 80% of the global small-wind power installed capacity in 2012, with 266 MW, 216 MW and 118 MW, respectively. Prasad Tanikella, GlobalData’s Senior Analyst covering Power, says: “Small-wind power has huge potential in China, due to the large rural population and the requirement for distributed power systems. The country also has more than 80 small-wind turbine manufacturers, which produce the largest number of these turbines. “Still, the UK was the fastest growing...

Full article: http://www.renewableenergyfocus.com/view/35854/china-lead...

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