- Published: 26 March 2015 26 March 2015
After a dismal 2013, when worldwide wind power installations fell by 20%, the wind energy industry rebounded strongly in 2014. Installations grew by 42% year-over-year in 2014 to 51.2 GW of wind power and cumulative installed capacity climbed to 372 GW.
Market growth was largely supported by a policy-driven acceleration of installations in three key countries: China, Germany, and the United States. World Wind Energy Market Update 2015, published by BTM Consult, a part of Navigant Research, is the 20th edition of this annual wind energy market report. The revival of the U.S. and German markets meant there was a significant shake-up in the rankings of the world’s top 10 wind turbine suppliers in 2014. The report also includes a breakdown of how many megawatts were installed by the top wind turbine vendors by country market.