This is an excerpt from EERE Network News, a weekly electronic newsletter.
World Wind Power Development Figures Show Continued Growth
The world saw 8,133 new megawatts of wind power installed in 2003, according to figures released last week by the American Wind Energy Association (AWEA) and European Wind Energy Association (EWEA), bringing the world's total wind power generating capacity to 39,294 megawatts.
With an annual growth rate of more than 35% over the last five years, Europe leads the world in wind energy development, according to the report. The country with the most wind capacity is Germany, followed by the United States, Spain, India, and Austria. Global cumulative capacity increased by 26% in 2003. For a closer look at the figures, see the press release on the report.
To bring investors up to date on wind technology's progress and potential, the global wind industry will focus on financing issues at the Global WINDPOWER 2004 Conference and Exhibition which runs from March 28th through March 31st in Chicago. To find out more about the conference, see the press release.