Category: Mega Trends & Analysis Asia

A gust of growth in China makes 2020 a record year for wind energy

A gust of growth in China makes 2020 a record year for wind energy

January 22, 2021 | , ,

The surge in installations exceeds GWEC’s Q3 2020 forecast for China by 11 GW and makes 2020 a record year of wind growth with an estimated 82.3 GW of new wind power capacity globally, according to initial calculations by GWEC, which represents a 36% year-on-year increase in installations. According to GWEC Market Intelligence, the global wind industry is now on-track to go from strength to strength and we expect to see similar installation levels in 2021.

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Japan’s renewable energy auctions are price-centred: IRENA

Japan’s renewable energy auctions are price-centred: IRENA

January 13, 2021 | ,

Japan is a country which relies mainly on fossil fuels to meet its energy needs. However, the events at the nuclear power plant in Fukushima following the 2011 earthquake and tsunami have shifted energy policies towards greater renewables adoption. While a FiT scheme was launched earlier, this gave way to auctions in 2017, which have since the key policy instrument driving the Japan’s transition to renewables.

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