From 2019 to 2023, the global installed wind power capacity is expected to add 330GW

Global Wind Energy Council GWEC has released the latest report, from 2019 to 2023, the world is expected to add 330GW of wind power capacity, an increase of 9 GW
compared with the market forecast released in the first quarter.

The United States and China are the two largest wind markets, especially onshore wind
.
The growing role of offshore wind in the global energy transition is the main driver of overall growth, accounting for 18% of total energy capacity by 2023, up from 9%
in 2018.

Continued growth in global wind energy will be driven
by improved wind energy cost competitiveness and market-based mechanisms such as tenders and bilateral power purchase agreements (PPAs).

According to the latest market outlook released by GWEC Market Intelligence, the global energy market will add 330GW of new wind energy capacity between 2019 and 2023, with a total capacity of more than 900GW
.

From 2019 to 2023, the global wind energy market will grow at a rate of 4% per year, reaching a total capacity
of more than 900GW by 2023.
This growth rate means an average of about 14GW of wind capacity
added globally each year.