World Wind Watch | Green Energy News

May 8, 2005 – Vol.10 No.7

WORLD WIND WATCH.

To date, India has about 2500 megawatts of wind capacity - about 2 percent of the nation’s total generating capacity. India, like the other soon-to-be economic superpower China, has growing power demands. India will need an additional 100,000 megawatts electric generating capacity in the next ten years if it expects its economic growth to be sustainable. Economies need power to run them.

It’s hard to imagine India, China, and perhaps all of Asia NOT embracing wind power, and other renewables, in a big way. Locally grown power from renewables will do the same for China and India as it does for the rest of the world - reduce dependence on imported fuels, reduce pollution, and reduce greenhouse gas emissions.

It’s hard to imagine these countries NOT wanting to avoid the path of energy dependence that the U.S. has followed.

Further, given the dramatically lower cost of labor in India and China, it’s also hard to imagine these nations’s NOT commercializing their own green energy technologies, or least inviting companies with high labor costs to move there.

India’s home-grown wind turbine company Suzlon Energy is looking to increase its business opportunities by raising an expected $230 million through an initial public offering. Outside of India the company already has sales offices in the U.S. (in four states), China, and Australia (another country ripe for wind energy growth)

Suzlon makes turbines ranging from 350 kilowatts to 2 megawatts. Visit Suzlon at http://www.suzlon.com/ .