Wind Power Facts – Why Wind Is A Great Investment

If you’re not sure whether you should or should not invest into wind power then here are some facts that may swing the vote for you.

In 2007, Energias de Portugal, the national utility, bought Horizon Wind Energy from Goldman Sachs for $2.15 billion — the highest price ever paid for a wind-only company.

And Spanish company Acciona acquired rights to about 1,300 MW of wind farms in the Midwest.

November 2009  – China marched into Texas with $1.5 billion for a 600+ megawatt wind farm.

The project is  a joint venture with Cielo Wind Power, U.S. Renewable Energy Group and Shenyang Power Group. When completed, it will provide enough power for about 180,000 homes. Chinese turbine manufacturer A-Power Energy will be supplying the turbines.

In its most recent report, the European Wind Energy Association (EWEA) said that wind became the leader in terms of new installed energy capacity.

Through 2020, wind is expected to account for 34% of new generating capacity. It’ll account for 46% from 2020-2030.

The goal of attaining 12-14% of Europe’s power from wind by 2020 is well within reach

By 2020, it’s expected that 180 gigawatts (GW) of electricity will be supplied by the wind — enough for about 107 million European households.

The EU installed 8.5 gigawatts worth of wind capacity last year.

wind power stats11 Wind Power Facts   Why Wind Is A Great Investment