According to industry report, in the next 10-20 years, the global wind power industry will usher in a golden period of fast development. in the coming 10 years, global wind power market will maintain an annual growth rate of 20%. After 2010, annual installation capacity of China will become the first in the world, becoming the world's largest wind power equipment market.
According to the survey on many global wind power equipment manufacturing enterprises, most of them feel confident about the future prospects for development. Many enterprises plan to expand production in China through ways of joint ventures, technology transferring. As to the expectation of the report, the Chinese installation capacity will be ranked in the top of global wind industry after 2010, becoming the world's largest wind power equipment market.
Even though Chinese wind power has been developed rapidly, but there is a long way to go in terms of development level compared with international Industry development condition.Domestic wind power equipment mainly depends on import, strongly relying on external supply. Although the cost of wind power has dropped a lot, compared to the cost of thermal power, the advantage of wind power is not highly visible in the short term for lots obstacles. It is the high-risk investment in wind power industry; wind power industry will inevitably bring about the development of high-yield, no matter in terms of economic benefits of wind power industry, the society, or China's current policy of sustainable development and conservation strategy. All these factors are going to stimulate the development of wind power industry.
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