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China Wind turbines Market

09-11-08

Wind generator as a clean, renewable energy, more and more countries around the world attention. Yun amount of its huge, global wind energy is about 2.74 × 109MW, of which wind energy can be used for the 2 × 107MW, than the Earth can be development and utilization of water volume 10 times bigger. China's wind energy reserves are large, wide distribution, only land-based wind energy reserve is about 253 million kilowatts.
With the global economic development, wind energy market has developed rapidly. Since 2004, global wind power capacity has doubled from 2006 to 2007, the global wind power installed capacity to expand 27%. 2007 has been 90000 megawatts, by 2010 this figure was 16 megawatts. The next 20-25 years, the world's wind energy market will increase 25% annually. With the technological advances and development of environmental protection, wind power generation in the business will be fully competitive with coal-fired generation.

"Tenth Five-Year" period, China's wind turbines  grid to be developed rapidly. In 2006, China's total wind power installed capacity has reached 2.6 million kilowatts, has joined Europe, the United States and India after the development of wind power, one of the major markets. 2007 extension of China's wind power industry the scale of an outbreak of type growth, as at the end of 2007 total installed capacity of about 600 million kilowatts. In August 2008, China's total installed capacity of wind power has reached 7 million kilowatts, accounting for 1% of total installed capacity of electricity, ranking fifth in the world, this also means that China has entered the ranks of renewable energy power.
Since 2008, domestic wind power construction boom reached a white-hot level. The end of 2008, the scale of wind power could reach 10 million kilowatts by 2010, total installed capacity of up to 20 million kilowatts.

China's wind power generator industry and other new wind turbines sources is very broad prospects for the development expected in the future for a long period of time will maintain a rapid development, while profitability will be gradual as the technology matured steadily. In 2009 the total profits of the industry will maintain rapid growth, after the rapid growth in 2009 is expected to 2010,2011 are bracing for a slight drop, but the growth rate will reach 60%.

Wind power development to the current stage, its cost is the formation and coal, hydropower competitive advantage. Advantages of wind generator: the ability for each doubling of the cost of the 15% decline in recent years, the world's small wind turbines growth has been maintained at over 30%. As China's domestic production of wind power installed capacity and generation of large-scale, wind power costs are expected to lower and lower. Therefore, wind turbines  started to become more and more investors by golden land.

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