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2017 bumper year for wind energy in Europe, market concentrates

Smart City Chirine Etezadzadeh

In some European countries growth figures for wind power capacity is increasing considerably in 2017. Image source: Shutterstock (#460924582).

According to trade body WindEurope, Europe has added 6.1GW of new wind power capacity during the first half of 2017, suggesting a so-called bumper year. With 4.8GW of onshore wind capacity installed and 18 offshore projects coming online, Europe is rapidly becoming more sustainable.

Interestingly, the market is highly concentrated in just a few countries, with Germany, the UK, France, Belgium and Finland leading the charts. In total, €8.3 billion of new asset financing have been secured for wind energy.

 

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