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although it’s unlikely they will be able to hit last year’s installation levels again in foreseeable future. North America got a real boast late last year with the extension of the US production tax credit (PTC) which will support solid volumes of newbuilds for the next five years. Europe will continue to deliver although key markets are currently transitioning to new policy and remuneration schemes. Markets like Brazil and South Africa will drive growth in less developed regions Latin America and Africa/Middle East. ENERGETICA INDIA: How was India’s performance in wind installations in 2015 and what will drive growth in India going forward? MAGNUS DALE: IHS recorded about 2.9 GW of wind installations in India in 2015. This placed the country comfortably within the global top 5, after China, USA and Germany, and ahead of Brazil. We expect India to retain a leading position, with 22 GW of new wind capacity to be connected through 2020s. Drivers of wind in the country include a 60 GW installation target for 2020 passed last year, updated wind studies confirming the untapped potential for wind energy in the country, massive repowering potential and taxation rules that improve the attractiveness of projects in the country. However, the recent reduction in accelerated depreciation from 80% to 40% could impact this outlook although increased presence of specialized independent power producers (IPPs) could lighten the impact somewhat. WIND ENERGY ENERGETICA INDIA: What is the share of onshore and offshore wind installations in 2015? MAGNUS DALE: Less than 2.6 GW or 5% of the installed wind turbine capacity was offshore in 2015. Markets in northern Europe represented 85% of globally installed offshore wind capacity, illustrating how this region is pioneering this technology. Here, technology in the 7 MW and 8 MW segment is maturing and increasingly preferred for future projects. But the Chinese offshore wind market is currently in momentum and the country could develop into the largest single market for offshore wind already in this year. Similar to trends in onshore wind, we have seen very little presence by experienced western players in the Chinese offshore wind market, despite ambition. This means China will rely on local supply in early take-off phases �� IHS Energy’s global wind turbine installation rankings. Less than 3% of Goldwind’s installed capacity was in markets outside China, underscoring Chinese manufacturers’ continued dependence on their home-market. Vestas and GE followed 2nd and 3rd positions, respectively, capturing 12% and 9% of global wind turbine installations. Siemens cemented its offshore wind leadership in 2015 Siemens bolstered its leadership in offshore wind with installations in the UK and Germany totalling nearly 2 GW, or approximately 75% of the global offshore wind market. IHS Energy expects Europe and China to represent two disparate offshore wind turbine markets, with Siemens and Chinese vendors competing in their respective markets for global leadership in 2016 �� Note: IHS has based its wind turbine market share calculations on data obtained directly from the IHS Energy database, wind turbine manufacturers, wind project developers, preliminary figures released by the China Wind Energy Association (CWEA) for domestic installations by Chinese OEMs, and best-effort estimates. For most vendors, IHS has considered turbine installation figures as opposed to grid-connected capacity in its analysis. 79 energetica INDIA · MAY | JUN16


energetica-india-57_asiapowerweek
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