Asia (excluding China) will more than double its onshore wind capacity, rising from 4.6 gigawatts (GW) in 2018 to 11.6GW by 2028, according to Wood Mackenzie. National power plans to increase the share of renewables, robust power demand growth, and competitive onshore wind costs are driving the market. India is the area leader with more than 15GW of new onshore wind capacity in the pipeline.
Growing power demand and declining costs are giving wind an edge over new coal plants
According to new research from Wood Mackenzie Power and Renewables, the long-term onshore wind outlook remains strong in Asia Pacific (excluding China), with new annual added capacity to more than double from 4.6 gigawatts (GW) in 2018 to 11.6GW by 2028. National power plans to increase the share of renewables, robust power demand growth and competitive onshore wind costs are providing support for future wind power development in the region.
India maintains its leading position with more than 15GW of new onshore wind capacity to be added from 2019 to 2028, as the government continues to push for large-scale gigawatt-level auctions.
The state has positioned itself as a pioneer in the quest for a fossil fuel-free future, but there are plenty of obstacles in the way
In 2015 Hawaii became the first U.S. state to mandate a total transition to renewable energy. With exceptionally high energy prices and an ingrained environmental ethos, Hawaii has positioned itself as a pioneer in the quest to move toward a future free of fossil fuels. But promises are easy to make. Achieving them is another story.
Lawmakers, energy providers, and communities around the country are watching to see if the 50th state will be able to make good on the pledge to become America’s first green energy economy.
“We passed our [renewable portfolio standards] at a time when people said it was politically, technologically, and financially impossible,” says Hawaii Democratic state Rep. Chris Lee, an early booster of the state’s clean energy initiative. “No one had ever done the due diligence to figure out how this could be achieved.”
Google has made what it says is “the biggest corporate purchase of renewable energy in history.” This purchase is made up of a 1,600-MW package of agreements and includes 18 new energy deals.
Together, these deals will increase the company’s worldwide portfolio of wind and solar agreements by more than 40 percent, to 5,500 MW—equivalent to the capacity of a million solar rooftops.
“These latest energy purchases will spur the construction of more than $2 billion in new energy infrastructure, including millions of solar panels and hundreds of wind turbines spread across three continents. In all, our renewable energy fleet now stands at 52 projects, driving more than $7 billion in new construction and thousands of related jobs,” Sundar Pichai, CEO of Google, said in a blog post.