Wind turbines operate at an energy plant near Stetten, north of Kaiserslautern, Germany, as the sun rises on, March 19, 2024. The world installed 117 gigawatts of new wind power capacity in 2023, a 50% increase from the year before, making it the best year for new wind projects on record, according to a new report by the industry’s trade association.
But the authors warned that the wind industry must increase its annual growth to at least 320 gigawatts by 2030 in order to meet the COP28 pledge to triple the world’s installed renewable energy generation capacity by 2030, as well as to meet the Paris Agreement’s ambition of capping global warming to 1.5 degrees Celsius .
“This increased renewable energy supply supports climate goals in line with ensuring sustainable development,” he said. The report notes that growth in wind power installations is highly concentrated in a few big countries and links that to strong market frameworks to scale wind installations in those countries. The top five markets at the end of last year remained as China, the U.S., Germany, India and Spain.
Some of the markets to watch include Kenya, where windpower provides around 17% of electricity, the report said. The country has the largest wind farm in Africa, the 310-megawatt Lake Turkana Wind Power Project, and the report notes new planned large-scale wind projects in the country, including a 1-gigawatt wind park by local power generator KenGen.