Financial News
Report Says Record Wind Energy Capacity Installed in 2023
Last year was a record year for wind-capacity installations with more than 100 gigawatts of new wind power installed, a recent industry trade association report says. According to the Global Wind Energy Council’s latest Global Wind Report, new installations across the globe increased by 50% from 2022 to last year, making 2023 the best year on record for new wind-project installations.
As years of technological advancements have made developing and deploying renewables cheaper and cheaper, wind-capacity installation rates in the United States and across the globe steadily increased before peaking in 2023 with 117 gigawatts of new capacity in only…
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