World Wind’s Growth Goes On

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More than 35 GW of new wind power capacity was brought online in 2013, but this was a sharp decline in comparison to 2012, when global installations were in excess of 45 GW In terms of overall investments the global wind sector saw a small decline to USD 80 3bn (EUR 58 7bn1 ) in 2013, down from USD 80 9bn (EUR 59 2bn) in 20122

The new global total at the end of 2013 was 318,105 MW, representing cumulative market growth of more than 12 5 percent, strong growth for a manufacturing industry given the economic climate, even though it is lower than the average annual rate over the last 10 years of approximately 21 percent

At the end of 2012, the expectations for wind power market growth were uncertain, as continued economic slowdown in Europe and the political uncertainty in the US made it difficult to make projections 2013 turned out to be another difficult year for the industry, mainly due to the dramatic drop in the US market after record installations in 2012