PARIS, France—Orders for wind turbines were up in the first half of the year compared to 2022, after a rebound
Between January and June turbine orders for capacity reached 69.5 gigawatts, a 12 percent rise over in the first six months of 2022, according to research firm Wood Mackenzie.Total first half volume by value came in at $40.5 billion with a 47 percent rise in Chinese demand one of the key factors behind the push, the report said, consolidating the nation’s top rank status.
The study credited President Joe Biden’s Inflation Reduction Act in the United States, which is designed to underpin a vast energy transition and social reform program. The International Energy Agency said in July that offshore reach would increase in the coming years as more countries develop or plan their first offshore wind farms.
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