US wind energy grows by 8300 MW in 2008

A record 8358 megawatts of new wind-powered generating capacity was installed in the US in 2008, according to the American Wind Energy Association (AWEA). The $17 billion investment represents a 50% growth on 2007 generation levels.

The AWEA warned, however, that towards the end of the year "financing for new projects and orders for turbine components slowed to a trickle", while job losses hit the wind turbine manufacturing sector.

"It is clear that the economic downturn has begun to take a serious toll on new wind development," said AWEA CEO Denise Bode in a statement. "Quick action in the [new US government's] stimulus bill is vital to restore the industry's momentum."

The new wind projects completed in 2008 account

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