The wind power industry on Monday projected growth to rapidly accelerate this year, with incentives and policy changes in key nations helping to overcome factors that led to a slowdown in 2022.
The Global Wind Energy Council in Brussels also cited concern about climate change, as well as secure energy supplies following Russia’s invasion of Ukraine, for a fast-growth outlook in its annual Global Wind Report. The international trade association projected 680 gigawatts of new onshore and offshore wind will be installed by 2027 – enough to power about 657 million homes annually.
