Wind energy industry in the US shows great promise

Wind Energy - Wind Turbines in USA

New analysis highlights the economic impact on the wind energy industry Navigant Consulting has released a new analysis of the wind energy industry in the United States. The analysis shows that the wind sector is set to have a major economic impact in the country. This is despite concerns regarding federal energy policy. Advocates of clean power have expressed worry that the federal government will show less support for wind energy in the coming years. This is due to the promises made by the Trump Administration to reduce regulations on…

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Suzlon reaches major milestone in India’s wind energy market

Wind Energy - Turbines in Field

Suzlon has established a leading role in the wind energy space Suzlon Energy, a prominent wind energy company, has announced that it has reached a major new milestone in India. The company has established a very strong presence in the country, bolstering India’s wind energy capacity by a significant margin. Now, Suzlon controls a major share of India’s wind capacity and renewable energy market. The company operates some of the largest wind farms in India and has plans to continue expanding wind capacity in the coming years. Company now operates…

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Germany’s wind energy market grows aggressively in 2016

Wind Energy Market - Wind Turbines in Germany

Wind energy market in Germany leads installation growth Germany is quickly becoming the largest wind energy market in Europe. The country has invested heavily in the wind sector over the past few years in an effort to become environmentally friendly and reduce its reliance on fossil-fuels. According to data from WindEurope, and industry group, Germany installed more wind capacity in 2016 than any other European country. This has established Germany as a leader in the region’s wind energy market. Germany installed 12.5 GW of new wind capacity last year The…

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Wind energy market reaches new milestone in Scotland

Scottish wind farms are generating more electricity Wind energy has established a major foothold in Scotland. The Scottish government has been investing quite heavily in the development of new wind farms for some time, hoping to become less reliant on fossil-fuels and foreign sources of power. Wind has garnered the government’s attention because of its efficient nature and falling costs. Last month, wind turbines in Scotland were able to generate enough electricity to supply the average energy needs for nearly all households. Data shows wind turbines have generated enough energy…

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Wind energy market begins to show more promise

Wind power has had trouble finding a foothold in Ohio Wind energy develop is expected to pick up in Ohio, following a time where wind power projects have come to a standstill. The American Wind Energy Association notes that there are challenges that wind power faces in Ohio that are somewhat unique to the state. Some of these challenges have to do with state policy, which shows favor for more conventional forms of electrical power. Another issue that has hindered the growth of wind energy is the fact that the…

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Wind energy is beginning to take over Texas

Solar and wind continue to see strong growth throughout Texas Solar and wind energy are taking over in Texas. These two forms of clean power are beginning to outpace conventional forms of energy in terms of electricity production, which could have major implications for the future of the state. Texas is already home to the largest wind energy market in the United States, and solar power is growing quickly in the state. As one of the nation’s largest oil and natural gas producers, the rise of clean energy in Texas…

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Acciona aims to expand Spain’s wind energy market

Pamplona could become a leader in Spain’s wind energy market A Spanish town named Pamplona could soon become one of the country’s greatest wind energy producers. The town has long been a tourist attraction for the famous running of the bulls event. Every year, people throughout the world flock to Pamlona to witness or participate in this event. Soon, The town may be better known for its use of wind energy rather than just its bulls. An energy company called Acciona has big plans for wind energy and believes that…

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Wind energy market could supply 20% of the world’s electricity by 2030

New report highlights the potential of the global wind energy market Wind energy could end up playing a very major role throughout the world in the coming years. The Global Wind Energy Council has released a new report highlighting the potential future of this form of renewable power. According to the report, wind power could supply as much as 20% of the world’s electricity by 2030. Growth in the wind power sector will, of course, be powered by investments and government policies that support the clean energy sector as a…

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BP eyes further investments in the wind energy market

Company begins to consider expanding investments in clean power BP, formerly British Petroleum, has begun considering its first significant investment in renewable energy in five years. The company is currently considering expanding its business in the United States’ wind energy sector, which has been showing strong growth in recent years. The availability of the Production Tax Credit, which provides financial assistance for wind energy projects, continues to help secure growth for the wind sector. This federal initiative has created many new opportunities for companies like BP that have shown strong…

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Google invests more in Africa’s wind energy market

Google invests in the Lake Turkana Wind Power Project in Kenya Google has shown a great deal of interest and support for wind energy in Africa. The company recently invested in the Lake Turkana Wind Power Project in Kenya, which represented the largest investment in wind energy Africa has seen to date. Wind is not the only form of clean power that Google is supporting in Africa, as the company has also invested in solar energy projects in sub-Saharan Africa. Google invested some $12 million in the Jasper Solar Power…

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Many developers use Production Tax Credit to renovate their wind energy systems

Production Tax Credit is helping upgrade existing wind farms Many wind developers in the United States are rushing to tax advantage of an extension granted to the federal Production Tax Credit. The federal tax initiative is meant to incentivize the development of new wind energy projects. Since its extension at the beginning of this year, many developers have used the Production Tax Credit to create new wind projects, which have been taking form in many promising states throughout the country. Now, however, some of these developers are using the Production…

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Suzlon to invest $3 billion in Australian wind energy industry

Suzlon to establish a stronger foothold in Australia Suzlon, a leading renewable energy company, has set its sights on Australia’s wind energy industry. The company has targeted some $3 billion in investments into the country’s wind power sector, which it believes will thrive in the near future. Over the next five years, Suzlon aims to join several other companies that have become involved in Australia’s wind energy industry. Through its upcoming investments, Suzlon hopes to install some 2 gigawatts of wind energy capacity in Australia. Wind energy continues to grow…

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Wind energy market continues to see aggressive growth in China

China’s wind capacity is skyrocketing China has become very aggressive with its wind energy market. The country has been building two wind turbines every hour, according to the International Energy Agency. The organization notes that this is the world’s largest program of wind turbine installation, more than double over what is being seen in the United States. The growth of the wind energy market is so profound that wind power is able to cover the entirety of China’s annual increase in energy demand. China remains heavily reliant on fossil-fuels While…

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MidAmerican Energy to focus more heavily on wind energy market

Utility plans to build new 1,000 turbine wind farm Wind energy continues to see strong growth in Iowa. The state is among the leaders in wind power generation. Approximately 31% of the state’s energy comes from its wind farms. This is set to grow, as MidAmerican Energy, one of Iowa’s largest utilities, seeks to embrace renewable energy more aggressively. The utility has plans of generating all of its energy capacity through renewable resources in the near future. Wind energy will play a major role in the company’s ambitious plans, as…

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Voters are showing strong support for wind energy

Wind power continues to prove favorable among consumers Support for wind energy among voters in the United States continues to grow, according to the American Wind Energy Association (AWEA). The organization has reported that 70% of registered voters throughout the country have a favorable outlook on wind power. AWEA commissioned a poll from research firm SSRS in order to gauge interest in wind power among consumers. The poll found that support for this form of renewable energy continues to grow despite some environmental concerns. Poll shows that many voters continue…

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GE to invest in India’s wind energy market

Mytrah Energy acquires investment from GE Energy Financial Services GE Energy Financial Services has announced that it will be investing $31 million in a wind energy project coming from Mytrah Energy, a leading wind developer that has attracted a great deal of financial support. To date, Mytrah Energy has raised approximately $350 million in financing from several groups, including the Asian Development Bank. The new wind energy project has a maximum capacity of 200 megawatts and is being developed in Andhra Pradesh in India. Company aims to have 1,000 MW…

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