More than 40,000 Wind Turbines to be Installed in North America in the Next Five Years, According to Pike Research

BOULDER, Colo.--(Business Wire)--
In 2008, North American wind power generation capacity passed the 27 gigawatt
(GW) mark by adding almost 9 GW from the year before, which represented the
largest individual gain of any region in the world.According to a recent report
from Pike Research, the market for wind turbines will continue to grow through
2015, driven by new generation additions as well as replacements of smaller,
older turbines with larger, more efficient turbines.The cleantech market
intelligence firm forecasts that the turbine market will resume its growth in
2011, following three years of stagnation, and cumulative wind turbine
deployments will exceed 40,000 units during the period from 2010 to 2015.

"The year 2009 will be a defining moment for wind power markets around the
world," says managing director Clint Wheelock."The global economic crisis that
began in late 2008 has thrown the industry into confusion, along with most
global industries.Still, we see cause for optimism in the longer term as capital
markets recover and the regulatory environment improves for wind energy."

In addition to new deployments, another growth driver will be the replacement of
aging turbines with newer, larger, more efficient models.By 2015, Pike Research
forecasts that 45% of all turbine installations in North America will be
replacements.

Pike Research's study, "Wind Energy Outlook for North America", analyzes the
opportunities and challenges facing wind power in North America - particularly
turbine manufacturers - in the current economic and political climate.Key
players in the wind energy business are profiled and the report also includes
rich quantitative analysis including market sizing, segmentation, market share
analysis of turbine vendors, and growth forecasts for the United States and
Canada through 2015.An Executive Summary of the report is available for free
download on the firm`s website.

Pike Research is a market research and consulting firm that provides in-depth
analysis of global clean technology markets.The company`s research methodology
combines supply-side industry analysis, end-user primary research and demand
assessment, and deep examination of technology trends to provide a comprehensive
view of the Renewable Energy, Clean Transportation, Clean Industry, Green
Consumers, and Environmental Management sectors.For more information, visit
www.pikeresearch.com or call +1.303.997.7609.

Pike Research
Clint Wheelock, +1.303.997.7609
press@pikeresearch.com

Copyright Business Wire 2009