China Has 170 Gigawatt Wind Power Project Pipeline, MAKE Says

Oct. 27 (Bloomberg) -- China has a total wind turbine project pipeline of more than 170 gigawatts in different stages of development, MAKE Consulting said in a report.

The Chinese market will grow by a compound annual growth rate of 17 percent between 2010 and 2015 and will account for some 38 percent of the global wind power market in five years, the Hoejbjerg, Denmark-based industry consultant said in a note on its website today.

“The near term development will primarily take place onshore in North China as the most significant region followed by Northeast, East and Northwest China,” MAKE said. “Also the Chinese offshore project pipeline is rapidly expanding accounting for most of the pipeline in East China.”

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To contact the editor responsible for this story: Christian Wienberg at cwienberg@bloomberg.net