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Countries With Cyclonic Activity Expected to Witness Rapid Growth in Wind Power Sector
GlobalData, July 2010, Pages: 10
Countries With Cyclonic Activity Expected to Witness Rapid Growth in Wind Power Sector
Summary
The wind resource potential of tropical, cyclone-prone areas has not been explored much due to a lack of appropriate technology. Recently, the technological advances in wind turbine models and wind farm systems have encouraged wind investors to explore the rich potential of sites in Thailand, the Philippines and Vietnam. With a total wind resource potential of around 1,600 MW, Thailand is expected to have a cumulative wind installed capacity of 594 MW by 2020. Also, the Philippines’ wind power market is expected to increase in the coming years as it currently has 25 planned wind power projects which will add approximately 845 MW of installed capacity. With a cumulative wind installed capacity of 9 MW in 2009, Vietnam’s Government is also concentrating on developing its wind energy resources. Presently, more than 10 wind power projects are being planned in Vietnam and are expected to add around 500 MW of wind installed capacity in the near future.
Scope
- Wind Investor’s Focus on Tropical Cyclonic Lands
- Wind Energy Development in Cyclonic Areas of Thailand
- Wind Energy Development in Cyclonic Areas of Philippines
- Wind Energy Development in Cyclonic Areas of Vietnam
Reasons to buy
- Identify key growth and type of investment opportunities in the onshore wind market
- Position yourself to gain the maximum advantage of the industry’s growth potential by developing strategies
- Facilitate decision-making based on upcoming policy developments in the wind market
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