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China to be number one on wind power

20 July 2009

China could become a major player in wind energy – not just in instalment, but also in producing wind turbines and components, according to a report from analyst McIlvaine Company.

Almost 10,000 MWs of new wind energy capacity is being installed every year in China, and as the typical wind turbine installed in China is under 1 MW, this means that over 10,000 gearboxes, wind turbine blades, etc. will be needed each year.

In addition to planning and installing windfarms, China has also developed a wind industry of its own. “It is expected that they will shortly become an exporter of wind turbines and components,” the McIlvaine report said. This could with time, bring down the cost of wind turbines and components.

 

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