Interesting report today from the American Wind Energy Association: US wind power installed over 10 GW last year, but installations have been slowing since 2008. This may be a consequence of the Great Recession and not a trend, but it is worth watching if Wind picks up in ’10. Wind is a cash crop in Iowa, which gets the highest percent of power from wind (14%); and is a big business in Texas, which has the largest wind farms (of course! everything’s bigger in Texas). Here are suggestions on how to invest in wind, from Sustainable Business:
- GE Energy (GE) remained #1 in US wind turbine sales
- NextEra Energy Resources (FPL) continued to lead in wind farm ownership
- Xcel Energy (XEL) continued to lead utilities in wind power usage.