A wind turbine is an apparatus that can be utilized to convert kinetic energy of wind into electrical energy. Wind power is abundant, clean, widely distributed, and occupies relatively lesser land. It also helps reduce greenhouse gas emissions.
Different Types of Turbines
Wind turbines are classified into horizontal axis wind turbines (HAWT) and vertical axis wind turbines (VAWT). HAWTs consist of blades that generally rotate on an axis parallel to the ground. Such turbines are easier to install. VAWTs, on the other hand, consist of blades that generally rotate on an axis perpendicular to the ground.
Although many small wind turbines installed worldwide are conventionally of the horizontal axis kind, vertical axis turbines are gaining popularity owing to their efficient design.
Ideal Solutions for Renewable Energy Projects
Northern Power Systems’ 60kW and 100kW wind turbines are applicable for schools, business, and farms. The design offers smooth and clean power to local grids. The patent Permanent Magnet Direct Drive (PMDD) technology generators provide high efficiency energy conversion and result in lower maintenance costs compared to traditional gearbox designs.
Permanent magnet generators enable efficient energy conversion specifically at partial load and do not need separate field excitation systems.
Market Overview
According to Grand View Research, Inc., the global small wind market is set to achieve USD 1.7 billion by 2025. Growing awareness about renewable energy and strict governments rules for controlling carbon footprint can drive the market. Other issues such as increasing shortage of electricity due to growing population worldwide are also anticipated to have a positive impact on the market.
The horizontal axis wind turbines (HAWT) segment is anticipated to exhibit strong growth over the forecast period (2014 to 2025). Vertical axis wind turbines (VAWT), on the other hand, are estimated to display substantial growth owing to several benefits.
The on-grid segment is projected to grow rapidly owing to ongoing developments in connectivity for the small wind sector. The off-grid segment is also likely to exhibit sizable growth due to adoption of modern technologies.
Europe has been dominating the market and is expected to register substantial growth due to increasing need to control carbon footprint. Asia Pacific is estimated to display significant growth over the study period due to fast exhausting resources.
Key players operating in the market include Kingspan Wind, Kliux Energies, Northern Power Systems, and Shanghai Ghrepower Green Energy.
In-Depth Research Report On Small Wind Market:
https://www.grandviewresearch.com/industry-analysis/small-wind-market
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