Subscribe to our NEWS
to receive Infinity Power latest news releases and informational updates via email.

Infinity Power News

Solar and Wind Energy is an important part of Canada's energy future, creating new investment and jobs in Canadian communities while also contributing to a cleaner environment for future generations.

Brussels, 27 March 2008
The Global Wind Energy Council is forecasting that the global wind market will grow by over 155% to reach 240 GW of total installed capacity by 2012. In its annual “Global Wind Energy Report 2007”, GWEC has adjusted its previous forecast to take into account the unexpectedly strong increase in wind energy deployment around the world. The Council now forecasts an addition of 146 GW in the coming five years, equalling an investment of more than US$ 277 Billion in 2007 values. The electricity produced by wind energy will in 2012 reach over 500 TWh (up from 200 TWh in 2007), accounting for close to 3% of global electricity consumption (up from just over 1% in 2007).

“The wind energy market continues to achieve tremendous growth rates, and has now hit 20 GW of new installations per year. As a result, we have had to revise even our most ambitious estimates,” said GWEC Secretary General Steve Sawyer.