The Fastest Growing Sector on the Planet

Struthers Resource Stock Report (09/01/2009)
"Investing in wind energy today is like investing in the Cell phone or Internet industry 15 years ago—the highest growth rates are still ahead.

On February 12th, the Global Wind Energy Council released wind industry statistics for 2008—the most up-to-date and authoritative numbers available.

Despite a global recession, the wind industry turned in its best yearly performance ever. Over 27,000 megawatts of new wind installations were put in place. . .delivering an unheard-of 28.8% annual growth rate during the most uncertain market times in decades.

But here's where it really gets good.

According to the GWEC, '"the global wind market for turbine installations in 2008 was worth $47.5 billion.' With 27,000 megawatts installed, that works out to about $1.76 million per megawatt!

By 2014, global installed capacity is expected to grow to 246,193 MW for 104% growth in the next five years. Put another way, there will be an additional 125,000 MW installed in the next five years."

 PRINT THIS PAGE   EMAIL THIS PAGE

Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.

Related Quotes: