- Asia Pacific ( India-China) is the fastest growing wind energy region. From 1700MW in 2000 to 41000 MW today, the region is going through a boom. Globally , the capacity is 160,000 MW.
- US,Germany ,Spain, China and India are top 5 wind energy producers. Because of boom in Texas windfarms, US took over Germany in 2008.
- 1 MW of windfarm means saving of 2000 Tonnes of coal.
- Costs have also become comptetive. $55.8/MWh for wind, $53.1/MWh for coal and $52.5/MWh for natural gas is the present cost, which is gradually coming down for wind.
- Main Chinese companies are Xinjiang Goldwind, Sinovel Wind and Dongfang Electric Corp. These have developed overcapacity due to state support and now are entering Indian and European markets.
7 years ago
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