U.S. WIND BUBBLES BEFORE NO-PTC-INDUCED BUST

U.S. Wind Power Industry Installed 1.695 GW In Q1

3 May 2012 (North American Windpower)

“…The [U.S.] wind energy industry installed 52% more capacity in the first quarter than it did in the same quarter in 2011. Continuing a trend that became evident at the end of last year, under-construction numbers were also exceptionally strong in the first quarter, clocking in at 8.916 GW, with 2.284 GW of that total starting construction just this quarter…

“…[1.695 GW of wind energy capacity installed in the first quarter, with 788 wind turbines added in 17 states, bringing the country's total installed wind power capacity to 48.611 GW, according to the American Wind Energy Association's (AWEA) first quarter market report,…”

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“…[Projects are being built in 31 states and Puerto Rico with] California (370 MW), Oregon (308 MW), Texas (254 MW), Washington (127 MW) and Pennsylvania (121 MW) were the top five states for new wind power additions.

“…New Hampshire (388%), Arizona (72%), Massachusetts (17%), Pennsylvania (15%) and Oregon (12%) [had the largest growth in the first quarter]…The top states for wind projects under construction were Kansas (1.34 GW), Texas (914 MW), Oklahoma (894 MW), California (777 MW) and Illinois (705 MW).”