U.S. Wind Energy to Grow by 15% per Year

John Davis

deutschebank1.jpgInternational Financier Deutsche Bank (based in Germany, of course) says U.S. wind energy production will grow by 15 percent a year until 2015.

This story in the Wyoming Business Report (Wyoming is one of those places where wind and wind turbines are in great supply) says the American, Indian, and Chinese wind power generation markets have become the three biggest worldwide:

In a research report released earlier this month, Deutsche Bank’s analysts say the wind energy industry is growing more attractive as an investment option. The report indicated that both entry-level investments and takeover activity are evidence of a greater interest being taken by traditional energy companies in wind energy — and a new wave of wind power industry consolidation could be beginning.

Deutsche Bank issued a “buy” rating on General Electric with a new target price of $44. GE Energy is one of the world’s largest wind turbine manufacturers.