2014 is a transitional year for China's wind power industry.
As the year draws to a close, China's wind power industry has presented its "summary"—2014 is a transitional year for the wind energy industry.
From 11 18 to 19, the Wind Energy Equipment Branch of the China Agricultural Machinery Industry Association held the "2014 National Annual Conference on Large-scale Wind Energy Equipment and Industry Development Forum" in Nanchang, Jiangxi. This conference set the tone for the development of China's wind power industry in 2014: In 2013, China's wind power industry emerged from the doldrums and entered a recovery phase; after 2014 years of development, it has become more mature and stable, laying a solid foundation for sustained, healthy, and positive future development. The state continues to strongly support the development of the wind energy industry, steadily increasing approval efforts to ensure market space for wind power; at the same time, management efforts have been intensified to strive for a swift resolution to wind power integration issues. In 2014, wind turbine prices continued to rebound, and the profitability of the wind energy equipment manufacturing sector improved significantly.
Yang Xiaosheng, Chairman of the Wind Energy Equipment Branch of the China Agricultural Machinery Industry Association, stated in his opening remarks: "2014 is an important transitional year for China's wind energy industry. The wind power industry experienced the winter and trough of 2012, and the recovery and warming of 2013, beginning to truly regain vitality and embark on a path of healthy and standardized development. Although the data for total installed capacity this year has not yet been released, it is almost certain that by the end of the year, China's cumulative wind power installed capacity may exceed 1 hundred million kilowatts, reaching approximately 1.1 hundred million kilowatts, and the grid-connected generation capacity will reach approximately 9000 ten thousand kilowatts."
