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Wind Technology Grows By 16 Percent in 2012

The past year has brought about a boom of wind energy project completions in the U.S. as developers have rushed to take advantage of the Production Tax Credit (PTC). Meanwhile, Latin American and Canada have also seen tremendous growth, signs that wind energy in other parts of the Americas is healthy and growing, despite what may happen near-term in the U.S.

The third quarter of 2012 saw 1.8 GW of wind power capacity installed in the U.S., bringing the first three quarters of 2012 to 4.7 GW, according to the American Wind Energy Association (AWEA). The U.S. wind industry now totals 51.6 GW of cumulative wind capacity through the end of September 2012, spanning 29 states and Puerto Rico. The U.S. Energy Information Administration forecasts wind-powered generation this year will have grown by 16 percent over 2011.

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