NewEnergyNews: Around The Wind World

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    Founding Editor Herman K. Trabish

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  • THINGS-TO-THINK-ABOUT THURSDAY, June 21:

  • Climate Change Goes Downtown
  • New Energy Investors Aim For A Trillion Dollar Buy
  • New Energy Led U.S. New Power Online In 2017

    Friday, April 06, 2018

    Around The Wind World

    Wind energy market to grow at 13%+ CAGR, could hit $170 billion by 2024

    Paul Dvorak, March 29, 2018 (Global Market Insights via Windpower Engineering)

    “…[R]enewables contribute toward clean power generation and propelling the country’s economic progress, making wind energy market a viable investment…[ Global Market Insights forecasts the global wind energy market will surpass a revenue collection of $170 billion by 2024…[Multiple] regulatory organizations have already enforced specific energy directives…[and] regional governments have undertaken numerous initiatives to propel wind energy…[T]he European Union has set myriad policies to curb the usage of fossil fuels…[T]he Indian government initiated the ‘Make in India’ directive…[and is planning to add] 60 GW of extra power generation capacity via wind farms by 2022…Recently, the South African government signed a deal with the DoE to implement 27 Renewable Energy Power Producer Projects (REIPPP)…[and has been inking partnership deals] to strengthen its dependency on wind power…[T]he Russian government recently carried out a survey for understanding the existing barriers and future opportunities in wind energy sector…[It set a 4.5 GW wind capacity target and opened] its domestic marketplace for foreign investors to develop wind power projects…” click here for more

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