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Thursday, February 21, 2008

Buoyant wind market

India and China are among top five growing markets for wind energy.

Of the various renewable energy sources, wind energy is making a significant contribution to the installed capacity of power generation and is emerging a competitive option.

It is used in more than 70 countries and contributes to 1.3 per cent of the global electricity consumption. In some countries, wind energy contributes to 40 per cent or more of their power needs.

Germany, the US, Spain, India and China are the top five countries with growing wind markets. At the end of 2007, worldwide capacity of wind-powered generators was 93,849 MW.

World Wind Energy Association press release.