Energy: blowin' in the wind

The Canadian wind energy industry has grown significantly in the past year.

It's been an exceptional year for the Canadian wind energy industry. The sector experienced record growth in 2013, with nearly 1,600 MW of new wind energy capacity installed, according to the Canadian Wind Energy Association.

In 2013 alone, Canada added about 20% to its total installed capacity, bringing it up to more than 7,800 MW of wind energy in operation. That translates into enough electricity to meet the annual needs of approximately two million Canadian homes.

Worldwide, wind energy capacity rose by 12% last year — slightly more than half the Canadian growth rate, reports the Global Wind Energy Council. Even so, global capacity has tripled over the past five years, reaching a total of more than 318,000 MW.

About the Author

Yan Barcelo

Yan Barcelo is a journalist in Montreal.

comments powered by Disqus


Update your knowledge and strengthen your network at this must-attend conference covering the most important issues and trends affecting audit committee members.

It’s probable that someone you know is deep in debt. If you are observant, you might see one of these seven signs.