The global cumulative hydropower installed capacity is expected to increase from 1,065 Gigawatts (GW) in 2012 to 1,407 GW in 2020, at a Compound Annual Growth Rate (CAGR) of 3.5%, with investments reaching $75 billion in the same period, forecasts research and consulting firm GlobalData. According to the company’s latest report*, the total for 2020 is expected to be comprised …
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China to Remain Wind Power Market Leader in 2020
Despite demonstrating a slowed growth rate, China will continue to be the largest wind power market in 2020, as it attempts to reduce its carbon footprint while increasing electricity production in rural areas, says research and consulting firm GlobalData. According to the company’s latest report*, China has doubled its cumulative wind capacity every year between 2006 and 2011, growing at …
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