China: Kicking Butt in Wind Power 0

Wind energy is the largest renewable energy source on the planet right now (if you don’t count in hydro).

The total installed wind energy capacity exceeds the solar and biomass capacity by quite a margin at over 200 GW, with the most recent surge in wind energy installations coming from China, which put up almost 40-50% of  the global wind turbine installations in 2010 and 2011.

China has actually surpassed every other country to become the largest wind energy country in the world, with over 60 GW.  Although Europe, earlier led by Spain, Denamark and Germany, used to lead in wind capacity, they have been comprehensively overtaken by the Middle Kingdom in the last couple of years.

The US comes in next, but still far below its potential while the rest of the world has started to pick up now. India is the 5th largest country and has been steadily putting up around 2-3 GW of wind capacity each year.

Top 10 Countries Wind Electricity Capacity

  1. China – 62,733 MW
  2. U.S. – 46,919 MW
  3. Germany – 29,060 MW
  4. Spain – 21,674 MW
  5. India – 16,084 MW
  6. France – 6,800 MW
  7. Italy – 6,747 MW
  8. UK – 6,540 MW
  9. Canada – 5,265 MW
  10. Portugal – 4,083 MW

The next wave of wind energy growth is expected to come from:

  • Offshore Wind Energy in developed countries, particularly in Europe
  • Developing countries, particularly South America and Asia. China intends to keep building around 25 GW of wind capacity each year to keep up with its skyrocketing energy demand growth

With 60 Gigawatts, China Leads Race In Wind Energy Capacity originally appeared in Green Chip Stocks. Green Chip Review is a free 2x-per-week newsletter, is the first advisory to focus exclusively on investments in alternative and renewable energies.

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