NewEnergyNews: Global Wind Spend To Soar

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    Friday, August 11, 2017

    Global Wind Spend To Soar

    WindEconomics: Reports put wind share at 7-30% by 2035-40

    31 July 2017 (Windpower Monthly via Global Wind Energy Council)

    “…[The Bloomberg New Energy Finance (BNEF) New Energy Outlook 2017 suggested $3,300 billion would be spent on investments in wind energy between now and 2040. Investments in 2016 were estimated at $107 billion, so the annual amount coming in is expected to rise…[Projections vary but] BNEF expects investment in wind to grow faster than for solar. By 2040, these two renewable technologies together may account for 34% of global electricity generation…” click here for more

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