Windicator: Promising start to 2014 in some regions

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Windpower Monthly

Earnings at major wind-turbine manufacturers have improved markedly, but global installed wind capacity increased by a modest 4% during the period covered by our analysis.

The cut-off dates vary by country, but the average period covered is probably about four months, taking the relevant date to late April/May.

The 4% increase suggests that the yearly growth rate may be about 10%. But this is highly uncertain at this stage and there is no reason to doubt the more optimistic projections from the Global Wind Energy Council (GWEC) and the American Wind Energy Association (AWEA).