26 Sep '16, 10am

MAKE Consulting release Q3/2016 Global Wind Power Market Outlook Update

The company reports that policy clarity in several key global markets since June has impacted growth projections both positively and negatively in those markets, but the adjustments balance out over the 10-year outlook, with a net upgrade of less than 600MW. MAKE upgrades the 2016 to 2018 global outlook by 1%, due largely to a 23% upgrade in the outlook for India and a 9% upgrade in the outlook for Germany over this period. Project timeline adjustments in developing markets temper the overall upgrade. A 2GW downgrade from 2019 to 2025 is primarily attributed to policy announcements in the UK and in Poland. The downgrade, however, does not have a significant impact on the global outlook as the 10-year CAGR is maintained from the outlook in Q2. There was minimal change to the outlook for the Americas from the Q2 analysis, with adjustments exclusively caused by dynamics in La...

Full article: http://www.renewableenergyfocus.com/view/44706/make-consu...

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