And the National Development and Reform Commission's (NDRC) decision to hold off on implementing the cuts until after 1 January, 2016 — rather than on 1 July, 2015, as it initially proposed — could push annual installations to new highs, analysts say.
“We forecast 2015 will be a record year for China's wind installations, with 20-23GW of new builds,” Bloomberg New Energy Finance (BNEF) analyst Yiyi Zhou tells Recharge.
