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Technology Stocks : American Superconductor (AMSC)
AMSC 36.53-38.3%Nov 6 3:59 PM EST
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From: David C. Burns8/6/2013 7:57:06 PM
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Energy Dept. Reports: U.S. Wind Energy Production and Manufacturing Reaches Record Highs

The Energy Department released two new reports today showcasing record growth across the U.S. wind market -- increasing America’s share of clean, renewable energy and supporting tens of thousands of jobs nationwide. According to these reports, the United States continues to be one of the world’s largest and fastest growing wind markets. In 2012, wind energy became the number one source of new U.S. electricity generation capacity for the first time – representing 43 percent of all new electric additions and accounting for $25 billion in U.S. investment.

...

The wind sector’s growth underscores the importance of continued policy support and clean energy tax credits to ensure that wind manufacturing and jobs remain in America. The 2012 Wind Technologies Market Report expects 2013 to be a slow year for new capacity additions, due in part to continued policy uncertainty and project development timelines. While the report notes that 2014 is expected to be more robust, as developers commission projects that will begin construction in 2013, it also notes that projections for 2015 and beyond are much less certain.

For more information on these two new reports – including infographics, video and our latest interactive map – visit www.energy.gov/windreport.

Join us Thursday, August 8, to discuss key findings from the reports during a special Google+ Hangout on wind energy in America.
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