Earth Equity News

Wind Power Grew 39% in 2009. By Jad Mouawad, NYTimes, January 26, 2010. "Despite a crippling recession and tight credit markets, the American wind power industry grew at a blistering pace in 2009, adding 39% more capacity. The country is close to the point where 2% of its electricity will come from wind turbines... The American Wind Energy Association, in its annual report to be released on Tuesday, said the amount of capacity added last year, 9,900 megawatts, was the largest on record, and was 18 percent above the capacity added in 2008, also a banner year. The group said the growth of wind power was helped by the federal stimulus package that passed a year ago, which extended a tax credit and provided other investment incentives for the industry. But the group warned that the growth could slow. Much of the wind development in 2009 was caused by momentum from 2008, as huge turbines ordered then were delivered to wind farms. In 2009, the recession idled many manufacturers and new orders weakened, which could portend an installation slowdown this year."