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Total installed global wind power capacity in 2023 increases by 50% compared to 2022

According to the newly released Global Wind Power Report of the Global Wind Energy Council (GWEC), the global wind power industry installed a record high of 117GW of new capacity in 2023, an increase of 50% compared to 2022. .

According to GWEC, the global wind industry installed a record 117GW of new capacity in 2023, making it the best year ever for newly installed wind capacity. Despite the turbulent political and macroeconomic environment, the wind industry is entering a new era of rapid growth, demonstrated by the historic COP28 adoption of the target to triple renewable energy in 2030.

The report highlights the growing momentum for wind energy growth worldwide:

The total installed capacity of 117GW in 2023 represents a 50% increase compared to the same period in 2022.

2023 was a year of continued global growth, 54 countries representing all continents built new wind energy projects.

GWEC has revised its 2024 - 2030 growth forecast (1,210GW) to 10%, in response to the establishment of national industrial policies in major economies, creating momentum for offshore wind and Promising growth among emerging markets and developing economies.

However, the wind power industry must triple its annual growth from 117 GW in 2023 to at least 320 GW in 2030 to meet COP28 and 1.5 degrees Celsius roadmap goals. 

The global wind industry installed a record 117GW of new capacity in 2023

The Global Wind Power Report provides a roadmap on how to do this. GWEC calls on policymakers, investors and communities to work together across key areas of investment, supply chains, systems infrastructure and public consensus, to establish the conditions for wind energy growth through 2030 and beyond.

GWEC CEO Ben Backwell said: "It's fantastic to see the growth of the wind industry and we're proud to achieve a new annual record. However, policymakers, industry Industry and other stakeholders need to do more to accelerate growth to continue on the path to tripling the renewable energy needed to achieve Net Zero. Growth is highly concentrated in some countries as large as China, the US, Brazil and Germany and we need more countries to remove barriers and improve the market framework to expand the scale of wind power installations...

Strengthened global cooperation is essential to foster the enabling business environment and efficient supply chains needed to accelerate wind and renewable energy growth in line with the 1.5 degree Celsius roadmap. ”.

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