23 Jan '15, 7pm

U.S. Wind Power Installations Swelled Sixfold in 2014

The U.S. added 4.7 gigawatts of new onshore wind capacity in 2014 compared with 764 megawatts a year earlier, largely due to the extension of the Production Tax Credit in January 2013 , Bloomberg New Energy Finance said today in a statement. Total U.S. onshore wind installations are now 64.2 megawatts. China remains the biggest market for wind with installations rising a record 38 percent, or 20.7 gigawatts, from a year earlier, according to BNEF. China’s grid-connected wind-energy capacity now is 96 gigawatts, more than that of the entire U.K. power fleet. Wind energy is China’s largest power source after coal and hydropower. “This year has seen a couple of special circumstances come together so it probably isn’t a blueprint for future development,” David Hostert, European wind-energy analyst for BNEF, said in the statement. “What is remarkable though is that more than 1 ...

Full article: http://www.renewableenergyworld.com/rea/news/article/2015...

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