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Wind Turbine Services

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Ukraine Wind Power Market

A new report from Blackridge Research examines the drivers, restraints, and regional trends influencing the Ukraine Wind Power Market demand. Even as the wind power generation technology is now relatively advanced, the industry is reaching a stage of maturity in the key markets, with some other markets still evolving. In 2019, around 60.4 GW of new wind power capacity was added globally, making it the second-largest year in history and close to the largest year in 2015 (63.8 GW), bringing global cumulative wind power capacity up to 651 GW. The massive wind turbine installation was primarily the result of a strong year in both China and the US ย– the worldย’s two largest markets ahead of the expiry of Feed-in Tariffs (FiT) for onshore in the first country and the PTC (extended until the end of 2020 in Dec 2019) in the second. Additional information about Blackridge Research & Consulting can be found at www.blackridgeresearch.com. Media Contact: Sujith Yada, [email protected]