China Wind Power Market Outlook 2014

Wind power installations in China have been experiencing exponential growth in recent years due to the favorable economic and operating environment in that country. The cumulative wind power installed capacity in China surpassed 25 GW by the end of 2009 as compared to around 1.3 GW in 2005, and exceeding the target of 20 GW for 2010. China added more than 13 GW of new wind power installed capacity in 2009, thereby accounting for almost one-third of global new capacity additions in 2009. By dominating the new wind power capacity additions globally, China has emerged as the third largest wind power market behind U.S and Germany.

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China Wind Power Sector - Policy & Regulatory Landscape 2010

The Chinese government regulatory and policy framework has led to the exponential growth of wind power sector in recent years. The wind power installation in China has witnessed average growth of 100% since the implementation of renewable energy law in 2006. The law provides a feed-in tariff for some technologies and establishes grid feed-in requirements and standard procedures.

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