International Wind Energy Development World Market Update 2003 Forecast 2004-2008
Article from: OGEL 2 (2004), in Renewable Energy
Introduction
With 8,344 MW new wind power capacity on line, 2003 became another record year. A growth of annual installation of 15.5 per cent was significantly higher than previous year, which had just 6 per cent growth. The industry has shown an average growth of 26.3 per cent over the past five years. The European market declined for the first time ever in 2003. The US market peaked with 1,687 MW new installations - almost four times the amount in 2002. Asia demonstrated a strong development, mainly driven by the markets in India and Japan. These are among the findings for 2003 in the latest World ...