Abstract
Global wind energy capacity grew by 28.8% last year, even higher than the
average over the past decade, to reach total global installations of more than
120.8 GW at the end of 2008. Over 27 GW of new wind power generation capacity
came online in 2008, 36% more than in 2007.
Asia - with the two leading wind countries China and India and 24' 439 MW of
installed capacity - is in a position of becoming the worldwide locomotive
for the wind industry. The growth in Asia' s markets has been breathtaking;
close to a third of all new capacity in 2008 was installed on the Asian
continent. In particular, the wind energy boom is continuing in China, which
once again doubled its installed capacity by adding about 6,300 MW (6.3 GW),
reaching a total of 12,200 MW (12.2 GW). In fact, China added 6,300 mw of wind
energy capacity in 2008, whereas India boosted its capacity by 1800 mw making
them the 2nd and 3rd largest investors in this buoyant segment. The large
additions to capacities in 2008 pushed up China' s ranking in the total wind
sector from the 5th to the 4th position with the capacity going up to 12,210
mw. India' s ranking slipped a rung from the 5th to the fourth position during
the period with its total capacity being only 9,645 mw.
Chinese domestic wind turbine manufacturers have started for the first time to
export their products. It can be expected that in the foreseeable future
Chinese and Indian wind turbine manufacturers will be among the international
top suppliers.
In the present global recession scenario, the Asian wind market has thus far
felt a slighter and more delayed impact from the global recession and banking
crisis. A recent study concludes that the market will lead the global industry
within the next five years. In fact in its response to the financial crisis,
the Chinese government has identified the development of wind energy as one of
the key economic growth areas.
Aruvian Research' s report, Analyzing the Asian Wind Power Industry, is a
complete analysis of the wind energy industry in Asia. The report analyzes the
present global and regional market scenario, the prevalent wind resources in
this continent, governmental policies, future projections, detailed analysis
of the leading states/province and much more.
The report is a highly comprehensive research compilation of the booming wind
power industry in Asia. The report also provides a look at the overall Asian
energy industry and a brief profile of the global wind power industry as well.
The report, Analyzing the Asian Wind Power Industry, explores the importance
of wind power in today' s world. The report looks at the basics of the wind
energy industry, economics, issues and barriers, and other such factors.
Countries analyzed in this report include, among others, India, China, Japan,
South Korea, Australia, New Zealand (which are part of Australasia),
Afghanistan, etc.
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