The Global Wind Energy Council (GWEC) is forecasting that the global wind market will grow by more than 155 percent, reaching 240 gigawatts (GW) of total installed capacity by 2012. With both the U.S. and the Chinese markets growing at a much faster rate than expected a year ago, the emergence of significant manufacturing capacity in China will have a more important impact on the growth of the global markets.

"The wind energy market continues to achieve tremendous growth rates, and has now hit 20 GW of new installations per year...The fastest areas of growth for the next five years will be North America and Asia, and more specifically, the US and China." --Steve Sawyer, Secretary General, GWEC