Consultancy MAKE shaved more than 5GW off its 10-year global wind capacity additions forecast as auction-related wrinkles prompted a downgrade to its latest quarterly outlook.
MAKE’s third-quarter analysis suggests almost 670GW will be added to the global wind power fleet in the 2018-27 period, a cut on the figure it released in Q2.
Drivers behind the revised forecast include the low volume of power contracted in Brazil’s latest tender, prompting a downgrade of almost 7% for the key Latin American wind market.
