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According to a report by the European wind energy association WindEurope, the total investment in wind power in Europe reached 51.
2 billion euros in 2017, an increase of 9% year-on-year, and is expected to continue to increase
this year.
Total investment in wind power in Europe reached 51.
2 billion euros in 2017, up 9% year-on-year
WindEurope believes that the market investment outlook will remain strong
through 2020.
However, Chief Policy Officer Pierre Tardieu noted a lack of visibility
into new projects planned for the next decade.
As can be seen from the statistics in the report, the cost of wind power is falling, because although investment in new wind farms has fallen from 28 billion euros to 22.
3 billion euros, more capacity has been harvested, from 10.
3 GW to 11.
5 GW
.
"This is mainly due to increased auction competition and technological advancements, resulting in lower supply chain costs
.
" Tardieu commented
.
In addition to the €22.
3 billion in new asset financing, €9.
1 billion was spent last year on project acquisitions, €5.
3 billion on mergers and acquisitions, €7.
6 billion on capital markets and €6.
9 billion on refinancing transactions
.
The total value of projects and acquisitions more than
doubled last year.
Germany is Europe's largest annual wind investor with a 30% share and has already generated €6.
7 billion in financing for the construction of new onshore and offshore wind parks
.
The UK came in second with €5 billion, equivalent to a 22% share
.
Overall, Northern and Western Europe account for the majority of new wind investment
across Europe.
Over the past year, more than 14 GW of capacity was supported until the end of March 2018, mainly involving onshore wind projects
.
Among them, Germany 5.
3 GW, Spain 4.
1 GW, the UK 3.
2 GW, the Netherlands 1.
4 GW, France 500 MW
.
By 2020, four countries, Germany, France, the Netherlands and Turkey, plan to auction a total of more than 17 GW of electricity
.
Most are expected to be auctioned
this year.
，
According to a report by the European wind energy association WindEurope, the total investment in wind power in Europe reached 51.
2 billion euros in 2017, an increase of 9% year-on-year, and is expected to continue to increase
this year.
Total investment in wind power in Europe reached 51.
2 billion euros in 2017, up 9% year-on-year
2 billion euros in 2017, up 9% year-on-year
WindEurope believes that the market investment outlook will remain strong
through 2020.
However, Chief Policy Officer Pierre Tardieu noted a lack of visibility
into new projects planned for the next decade.
As can be seen from the statistics in the report, the cost of wind power is falling, because although investment in new wind farms has fallen from 28 billion euros to 22.
3 billion euros, more capacity has been harvested, from 10.
3 GW to 11.
5 GW
.
"This is mainly due to increased auction competition and technological advancements, resulting in lower supply chain costs
.
" Tardieu commented
.
In addition to the €22.
3 billion in new asset financing, €9.
1 billion was spent last year on project acquisitions, €5.
3 billion on mergers and acquisitions, €7.
6 billion on capital markets and €6.
9 billion on refinancing transactions
.
The total value of projects and acquisitions more than
doubled last year.
Germany is Europe's largest annual wind investor with a 30% share and has already generated €6.
7 billion in financing for the construction of new onshore and offshore wind parks
.
The UK came in second with €5 billion, equivalent to a 22% share
.
Overall, Northern and Western Europe account for the majority of new wind investment
across Europe.
Over the past year, more than 14 GW of capacity was supported until the end of March 2018, mainly involving onshore wind projects
.
Among them, Germany 5.
3 GW, Spain 4.
1 GW, the UK 3.
2 GW, the Netherlands 1.
4 GW, France 500 MW
.
By 2020, four countries, Germany, France, the Netherlands and Turkey, plan to auction a total of more than 17 GW of electricity
.
Most are expected to be auctioned
this year.
，
