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Wind Market Grows 32% in 2006

Wind energy markets around the world exceeded expectations in 2006, with the installation of 15,197 megawatts, taking the total installed wind energy capacity to 74,223 MW, up from 59,091 MW in 2005, the Global Wind Energy Council reports (via North American Wind Power).

The annual market for wind continued to increase at the rate of 32 percent following the 2005 record year, in which the market grew by 41 percent.

The total value of new generating equipment installed in 2006 reaching $23 billion.

The countries with the highest total installed capacity are Germany (20,621 MW), Spain (11,615 MW), the U.S. (11,603 MW), India (6,270 MW) and Denmark (3,136).

In terms of new installed capacity in 2006, the U.S. continued to lead with 2,454 MW, followed by Germany (2,233 MW), India (1,840 MW), Spain (1,587 MW), China (1,347 MW) and France (810 MW).

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