While 2020 was a year of unprecedented disruptions, wind power newbuild activity proved resilient, with wind turbine capacity additions accelerating across the globe. S&P Global Platts Analytics estimates that about 115 GW of wind capacity was installed, twice as much as in 2019, with capacity surging in China and the US, while Europe’s additions slowed. China drivers remain positive Wind additions over the past year have been boosted by China’s strong construction activity, with December 2020 installations reported to be over 47 GW. To put that into context, the amount installed during the month of December is equivalent to the total installed over the past two years. The number was also surprising as the availability of grid connection has been cited as a bottleneck for wind development, even as grid curtailments have declined further and were at 4% in the first half of 2020. There has clearly been a […]