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2009 Downturn Could Mean Great 2010 for U.S. Wind Industry
June 5, 2009
In the face of the near-term market uncertainty that has been created by the financial crisis, the longer-term prospects for the U.S. wind industry remain strong, according to a new study from Emerging Energy Research (EER). In the near-term, EER forecasts that 2009 wind capacity additions may drop as low as 6.5 GW, 24 percent below 2008's record levels.
But, with a return to liquidity in wind project debt and tax equity markets, EER anticipates a potential rebound of 9 GW of wind capacity additions in 2010 and 11 GW in 2011.
AWEA Annual Wind Energy Industry Report Reflects Strong Growth in 2008, Dramatic Increase in Manufacturing
April 13, 2009
Wind energy leaders in several categories maintained their #1 positions even as other leaders emerged in new categories, while 24 states saw new wind turbine and component manufacturing facilities opened, expanded or announced in 2008, according to the annual wind energy industry rankings report released today by the American Wind Energy Association (AWEA).
Stimulus Bill Delivers $20 Billion to Support Renewable Energy
February 18, 2009
The American Recovery and Reinvestment Act of 2009 ("ARRA") delivers an estimated $20.0 billion in direct and indirect financial support to the growth of renewable energy in the United States. Although exact dollar amounts and many details are still unknown at this time, the ARRA promises to address many current and future concerns of the renewable energy industry.
United States the World's Largest Wind Energy Producer
February 2, 2009
According to a recent report from the Global Wind Energy Council, the United States increased its wind energy capacity by over 50 percent in 2008, almost twice the rate of worldwide growth. As a result, the United States has overtaken Germany as the world's largest wind energy producer.