Taken together, regional core markets India, Australia and Japan will commission almost 80% of the more than 79GW forecast to be brought online in APeC through to 2024, building on 2015's 14% year-on-year growth rate.
"With the reintroduction of the key generation-based incentive and accelerated depreciation scheme in the last two years, the market has seen a rebound with the emergence of IPPs [Independent Power Producers] as a new driving force, building larger capacity wind power plants with larger capacity turbines," says the Aarhus-based consultancy.
Beyond
