The endogenous growth momentum of the wind power market is strong, and offshore wind power is expect

Mondo Finance Updated on 2024-02-21

Kunpeng Project

In 2023, China's wind power market once again showed strong growth momentum, with 77 new hoisting capacity1GW, up 58% year-on-year and a record high. This data shows that China's wind power industry is moving towards a new stage of development with strong endogenous growth momentum.

In China's wind power market in 2023, onshore wind power will remain the main growth engine. The top three manufacturers are Goldwind, Envision Energy and Yunda, while Sany Renewable Energy and Dongfang Electric also performed well, nearly doubling and tripling their growth respectively, ranking among the top five in the market, demonstrating the strength and competitive potential of China's wind power manufacturing industry.

As an important part of China's wind power market, offshore wind power has also ushered in breakthrough development in 2023. Guangdong Province has completed the first offshore wind power resource competition, and the total installed capacity has exceeded the 10GW mark, marking a substantial step forward in the expansion of offshore wind power to the deep sea.

In 2024, all localities will set their sights on offshore wind power as a key area for development. This positive trend has brought new development opportunities for the offshore wind power industry, and also indicates that the future of China's wind power market will be more brilliant.

Offshore wind power has the advantages of abundant resources, high wind energy density, and proximity to load centers, which is an important direction for the future development of wind power. However, the challenges of harsh offshore environment and high construction costs cannot be ignored. How to overcome these challenges and unleash the potential of offshore wind power has become an important issue for the development of the industry.

With the continuous advancement of technology, the cost of offshore wind power is gradually decreasing and the efficiency is increasing. The application of a new generation of wind power generation technology, offshore platform design and intelligent operation and maintenance management system provides solid technical support for the sustainable development of offshore wind power.

Offshore wind power can not only drive the development of the new energy industry chain, but also reduce dependence on traditional fossil energy, reduce greenhouse gas emissions, and protect the marine ecological environment. This is in line with China's strategic goal of promoting green energy transition and promoting the construction of ecological civilization.

China's development in the field of offshore wind power has also been boosted by international cooperation and exchanges. Through the exchange and cooperation of international advanced technology and experience, China's offshore wind power industry can improve its own level more quickly and achieve technological innovation and industrial upgrading.

Looking ahead, the offshore wind power market will continue to maintain a rapid growth trend. With the advancement of technology and the reduction of costs, offshore wind power will gradually become one of the important pillars of China's new energy development. However, the industry is still facing challenges in technological innovation and policy support, which requires the joint efforts of all parties.

As an important form of clean energy, offshore wind power will make important contributions to China's energy transition and ecological civilization construction. We look forward to the joint efforts of all parties to promote the offshore wind industry towards a better future and contribute to building a green and low-carbon energy system."

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