China’s wind power industry recorded a 24 percent increase in installed capacity last year to 16.1 million kilowatts, from 12.96 million kilowatts in 2012, the China Securities Journal reported Tuesday. Meanwhile, wind power project tender prices have risen to 4,000 yuan (US$661.66) per kilowatt from the June 2011 level of 3,600 yuan, the report said, noting that the figures came as a surprise for an industry that has been seen as having zero or little growth. Given the renewed enthusiasm in the market, the installed capacity of the wind power industry is expected to rise over 20 percent annually in the coming few years. The total installed capacity of wind power turbines in China has exceeded 90 million kilowatts in 2013. Shi Lishan, deputy director general of the New and Renewable Energy Department of the National Energy Administration, has said that one of the key goals for his agency this year is to develop a few offshore wind farm projects in some provinces, the report said.
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