Global wind power capacity will double by 2027 as annual additions are likely to average more than 65GW, equivalent to a compounded annual growth rate (CAGR) of 4% over the period, MAKE Consulting says in a report.
Annual capacity additions will rise by more than 30% from 2017 to 2020 amid incentive expirations and markets adjusting to new auction mechanisms, the consultancy says in its Q1/2018 Global Wind Power Market Outlook Update.
