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The Global Wind Energy Council report released data show that in 2014 the global wind power installed capacity 51477MW, an increase of 44%, total installed capacity of more than 50GW threshold for the first time, the data were created a new world record.
China's wind power industry has driven global growth. In 2014, China's new wind power installed capacity of 23 million 350 thousand and 500 kilowatts, an increase of 45.1%, the cumulative installed capacity of nearly 115 million kilowatts, of which nearly 100 million kilowatts of grid connected capacity, accounting for 7% of the total installed capacity of power generation.
In addition to enhance recovery from the wind power's strength of the wind power industry, coal prices also contributed to the decline in fuel costs, resulting in most electric power enterprise profits hit a new high this year, which can expand wind power construction scale and speed up the payment of arrears units.
The performance of wind power equipment manufacturers in 2014 Piaohong, market concentration further increased to the top eight of the whole enterprise, the wind power industry China ended the situation of low price competition.
Wind power industry generally believe that the wind power industry in the future will enter a steady growth of the new normal, the next five years, the annual installed capacity or will reach at least 20 million kilowatts, developers still improve profits bottleneck.