WORLD WIND TO BOOM THROUGH 2014

Wind Power Projects to Rise to Record in 2014, Lobby Says

Alex Morales, April 9, 2014 (Bloomberg News)

“Wind-power installations will climb to a record this year, driven by resurgent U.S. demand and growth in developing nations from Brazil to China, the Global Wind Energy Council predicted…Worldwide installations will probably surge 34 percent to 47.3 gigawatts in 2014…That follows a drop by more than a fifth to 35.3 gigawatts last year that was fueled by crashing U.S. demand after a tax credit to the industry expired…[Developing countries in Asia, Latin America and Africa] will spur new wind power demand for the next five years…The U.S. will also see a rebound, because of the structuring of the industry’s [production tax credit (PTC)]…” click here for more

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