The rapid transformation of the industry cannot be overlooked. The winds of change come in more than a breeze, because in a world urgently seeking solutions to combat climate change, wind energy has emerged as a pivotal player. By 2050, a staggering two-thirds of the world’s energy supply is projected to be sourced from renewables, with wind power expected to contribute an impressive 25%.
These figures demand an exponential growth rate and require a substantial increase in wind turbine installations. To that end, the wind industry recently celebrated a momentous milestone, surpassing 1 terawatt (TW) of installed capacity worldwide. This accomplishment equates to averting over 1.3 billion tonnes of CO2 emissions annually. That’s roughly the equivalent of South America’s entire emissions. Yet this is merely the beginning of a grand endeavour, as the world strives to achieve net zero targets and stay below the 1.5°C global warming threshold.