Wind power loved bumper 2019, however the coronavirus poses a problem



Patrick Pleul | image alliance | Getty Photos

Wind energy could have loved a powerful 12 months in 2019, however the coronavirus pandemic is casting a shadow over the sector that might affect progress within the years forward. 

Greater than 60 gigawatts (GW) of wind power capability was put in final 12 months, a 19% enhance in comparison with 2018, in response to a brand new report from the World Wind Power Council (GWEC).

Revealed Wednesday, the GWEC's report discovered that 60.four GW of capability was put in in 2019, the second greatest 12 months for additions. Whole capability now stands at greater than 651 GW.

The GWEC stated China, the U.S., U.Ok., India and Spain accounted for 70% of latest capability in 2019.

Within the onshore sector, China and the U.S. continued to be the world's main markets, accountable for over 60% of latest capability final 12 months. Elsewhere, the offshore wind sector put in 6.1 GW of capability in 2019, its finest 12 months thus far.

What does the coronavirus imply for wind power?

Whereas the figures for 2019 are a constructive for the...



Supply cnbc.com



Source marketwatch.com