Annual wind power capacity installations in key emerging markets will double by 2023, says firm

While growth rates in wind power markets in the developed world have plateaued or, in some cases, fallen, developing economies are expected to see robust growth in the coming years. Strong political support, rising electricity demand due to rapid economic growth, and an imperative demand for energy diversification, are all contributing to an optimistic outlook for wind power development in emerging markets. According to Navigant Research, annual wind power installations in 10 selected markets in Africa and the former Soviet Union will grow from 1,636MW in 2014 to 3,350MW in 2023.



from DIGITIMES: IT news from Asia http://ift.tt/1i2h4M8

via Yuichun