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Despite Financial Crisis, Renewables Surged Forward in 2010

Aug 30, 2011   //   by admin   //   Energy News Blog  //  No Comments

By David Wagman, Chief Editor, Renewable Energy World North America

It seems that 2010 was yet another record year for wind power, which was propelled to a global installed total of 200 GW by 39.4 GW of new capacity over the year – an impressive rise of about 25 percent in total installations, even if this annual figure for new installations edged up by only three percent from 2009.

The latest World Wind Market Update from BTM, now part of Navigant Consulting, found that Chinese turbine manufacturers have made further gains in their home market, squeezing foreign-owned manufacturers by 3.5 percentage points down to a 10.5 percent market share in 2010. China’s Sinovel is now ranked as the world’s second largest wind turbine manufacturer behind Vestas. Sinovel’s new installed wind power capacity grew from 3510 MW in 2009 to 4386 MW in 2010, with its global market share up from 9.2 percent to 11.1 percent, according to BTM.

Full Article – http://www.renewableenergyworld.com/rea/news/article/2011/08/despite-financial-crisis-renewables-surged-forward-in-2010

Biden: America needs to lead in developing clean energy sources

Aug 30, 2011   //   by admin   //   Energy News Blog  //  No Comments

By Laura Myers
LAS VEGAS REVIEW-JOURNAL

Vice President Joe Biden warned Tuesday that America is in danger of falling behind Asia and Europe in developing renewable energy sources unless the U.S. continues to invest in innovative projects.

Already he said China is now No. 1 in the world followed by Germany, and the United States in third.

“We’re either going to lead or follow,” Biden said in a speech to 750 people attending a clean energy summit in Las Vegas. “Does anyone believe that renewable energy isn’t absolutely necessary … if we’re going to survive?”

Full Story Link - http://www.lvrj.com/news/biden-america-needs-to-lead-in-developing-clean-energy-sources-128693328.html

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