Study sees Canadian wind industry growth

March 29, 2004 [] A new study by Emerging Energy Research says that the wind energy market grew 10% globally in 2003, but is expected to post a decline in 2004 because of the expiration of the US production tax credit, and a slowdown in Germany. Long-term prospects are still bright, however, with growth expected to resume in 2005 as new markets gain steam. It lists Canada among several countries that are entering a key stage of wind development that will see accelerated growth and increased economies of scale.
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