Analysts: Wind Power Investments to Reach $101 Billion by 2020 as Component Costs Drop

Analysts: Wind Power Investments to Reach $101 Billion by 2020 as Component Costs Drop

Analysts: Wind Power Investments to Reach $101 Billion by 2020 as Component Costs Drop

JOHANNESBURG--January 23, 2015--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--Renewable energy sources have seen exponential growth since the turn of the century, and wind power is the leading example. Installed global wind power capacity is set to grow from about 365 gigawatts (GW) in 2014 to 651 GW in 2020, according to research by energy and healthcare market analyst firm Globaldata (New York).

Within this article: Global growth of renewable power sources.

Additional companies: Navigant Research (NYSE:NCI)

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