1 April 2009
Wind sector sees opportunities from the economic crisis
The coming months are likely to be tough for the global wind-power industry, as companies scale back expansion plans during the economic downturn. But the slow-down in growth should prove to be just a hiccup in the development of one of the most economically viable forms of green energy, according to an international industry association. The Global Wind Energy Council (GWEC) expects world wind power capacity to rise from 120 gigawatts (GW) at the end of 2008 to around 330 GW by 2013. This near tripling of capacity will be driven by escalating demand for onshore wind in China and solid growth in the more mature markets of Europe and North America. "Governments are turning the economic crisis
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