Wind turbines – additional information
The main function of wind turbines is to convert the wind’s kinetic energy into electrical power. Energy generated from wind turbines is undoubtedly one of the cleanest forms of producing electrical power from a renewable source. Wind turbines can be used to generate large amounts of electricity in wind farms. Wind power is considered as one of the fastest growing sources of electricity in the world. Newly installed wind power capacity worldwide reached approximately 54.6 gigawatts in 2016.
Currently, the United States has one of the largest energy markets in the world. This industry is projected to increase within the next years, generating revenues amounting to about six billion U.S. dollars by 2017. In terms of wind power capacity, NextEra was one of the leading wind power providers in the United States, based on 2012 calculations. However, Vestas topped the list of the global wind power providers. The Danish-based company’s focus revolves primarily around the production of wind turbines. In fact, the company is one of the largest wind turbine manufacturers in the world. Vestas has turbines installed in over 70 countries and recently held a global market share of more than fifteen percent. Apart from turbine manufacturing, Vestas is also involved in selling, installing, and maintaining operational power plants.