China accounted for 65% of new wind capacity last year, which placed four Chinese original equipment manufacturers in the top five spots in the global ranking, a new report by Wood Mackenzie showed on Wednesday, highlighting the Chinese dominance in clean energy technologies. China’s Goldwind installed a record 16.
Record levels of wind power installations in 2023 were driven by the Chinese boom, according to WoodMac. “China’s first batch of massive renewable bases have a 2024 deadline on the horizon which has accelerated installations to an unprecedented pace of 74.7 GW,” said Endri Lico, Principal Analyst at Wood Mackenzie. “This combined with a mature supply chain and ambitious provincial targets are pushing wind deployment to an unprecedented level in China.