BREEZY FUTURE AHEAD FOR WIND ENERGY FINANCING

BY ALAN OSBORN THE JUST-PUBLISHED review of 2009 and a forecast for the near and medium term future from the European Wind Energy Association (EWEA) are providing cause for both satisfaction and unease where wind power financing is concerned. On the first count, there is no doubt that the sector is growing rapidly. Eight new wind farms consisting of 199 offshore wind turbines, with a combined power generating capacity of 577 megawatts (MW), were connected to the grid in Europe in 2009, representing a growth rate of 54% over the 373 MW installed during 2008. For ...


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