20 Jun '11, 1pm

What Do YOU Think Will Emerge in the Year Ahead?

Looking back over the last year, the renewables sector seems to have scarcely flinched in the face of a global economic meltdown. The wind sector, for instance, remains one of the world’s fastest growing energy-related industries worldwide, according to BTM Consult’s International Wind Energy Development – World Update 2010. With record installations of 39.4 GW over the year, market value is expected to grow from an estimated €66.8 billion in 2011 to €111.7 billion in 2015. Total cumulative global installed wind generation capacity, meanwhile, has now grown to about 200 GW. This represents a staggering 25% increase over BTM’s 2009 market assessment. In the US, as an example, the wind power industry installed 1100 MW of new capacity in the first quarter of 2011 alone and entered the second quarter with another 5600 MW under construction, the American Wind Energy Association...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2011/06...

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