China wind power market forecast and opportunities, 2017
Thursday, Jul 12, 2012
Research and Markets (http://www.researchandmarkets.com/research/d7n928/china_wind_power_m) has announced the addition of the "China Wind Power Market Forecast and Opportunities, 2017" report to their offering.
“China Wind Power Market Forecast and Opportunities, 2017”
With a burgeoning economy like China, the increasing need for power is sandwiched between the high power consumption and the dwindling power resources.
Today, power is one basic requirement of the world displaying highest consumption growth rates. Therefore, its increasing demand and consumption pattern have led to the invention and development of many resources, especially renewable energy sources of power generation.
One such resource, the popularity of which is transcending in various economies is the Wind Power, which has recorded incessant growth in China over the years. Setting a precedent for others to follow, China wind power market has had an unprecedented growth since 2006. Industry experts rather term it as an unflappable market which still has a long way to go. With a burgeoning economy like China, the increasing need for power is sandwiched between the high power consumption and the dwindling power resources. As a matter of fact, China surpassed the United States in 2010 to become the highest consumer of energy in the world. Thereafter, wind power came to the rescue of China's huge power consumption issues.
According to China Wind Power Market Forecast & Opportunities, 2017 There is no looking back for China wind power market even though the price war between wind power companies escalates. The market is still on the rising path with major developments taking place in the country. Offshore wind power market has been leading the wind power market in China. The coastal regions of China remain to be the hotspots of Wind Power development in China, along with other provinces too recording a respectable growth.
Source: Business Wire