The forecast represents a sharp turnaround from this year’s trend, with 2012 installations expected to be 9% lower than last year at 16GW.
It is also contrary to current predictions by several China-based turbine makers who are reporting weak orders this year.
However, MAKE’s China analyst Celia Sun says there is a large pipeline of projects already approved and awaiting construction and a further batch expected to get approval in the coming few months, creating significant demand.
Developers
