Wind Power Seeing Record Growth

We are seeing record growth for wind farms in the United States. According to the American Wind Energy Association, wind power capacity grew by 50% in 2008. Texas is the leader followed by Iowa and California.

For proponents of alternative energy this is at once exciting and sobering news. The problem being that many wind power projects have lost their funding due to the poor economy. Some wind energy companies are even laying off employees.

Help however, may have just arrived in a big way for the wind energy industry in the form of President Barak Obama. Obama has pledged to explore alternative forms of energy including solar energy and wind farms.

He has stated that he will do whatever is necessary to provide stimulus to ‘green energy’ projects and fully expects them to create tens of thousands, if not hundreds of thousands of jobs in the years ahead.

At this time it is estimated that 85,000 people work in the wind power industry at present. That is up from 50,000 employees just a year ago.

Aggressive tax credits and rebates are now being offered to individual homeowners and business owners. The Federal Government is also encouraging individual states to take the lead by offering tax credits as well.

The jury is still out however, on just how effective home wind turbines are. Studies suggest that many do not produce nearly as much electricity as once thought.

We here at www.solarwindenergys.com predict that once the economy begins to pull out of its present morass we will start to see explosive growth in the wind and solar energy generation industries.