Bharatbook Impact of Financial Crisis on Wind Energy Installations Globally – Analysis and Forecas

Global Wind Energy Market Analysis and Forecasts to 2020 report ( ) gives details historical and current statistics relating to wind energy installed capacities and their growth scenarios until the year 2020. It also provides an analysis of the historical and forecast growth of installed capacity, and the market structure and regulatory policies that govern the world’s key wind power countries. The report further includes information relating to the important cost, technological, market, and research and development (R&D) trends on a global basis. It also analyzes the wind power deals that have taken place over the years and gives detailed profiles of the top five market players for each of the sub-sectors in the global wind energy industry.

The report facilitates market analysis and forecasting of future wind energy industry trends. It helps identifying growth segments and opportunities in the energy industry. The news and deals portfolio provided in the report helps an investor to gauge the global wind energy market and accordingly direct their investment.

Of the available renewable energy sources, wind is the most established commercial generating technology with highly effective and reliable equipment and machinery. It has observed tremendous growth, with the total installed capacity augmenting from 23,900 MW in 2001 to over 121,013 MW in 2008, reflecting an annual growth rate of 26% for the 2001-08 period.

Annual Wind Energy Installations to be Impacted by the Financial Crisis The current financial crisis is severely affecting the growth of wind energy globally. The global wind energy industry is witnessing many cancellations of turbine orders, freezing up and sale of wind farms, and difficulties in securing financial aid for new projects. The worldwide annual wind energy installations will trickle down by more than 15% in the years 2009 and 2010, as against the growth rate of 35% in the new installed capacity of 2008, according to the report. This will further result in a dip in the demand for wind turbines.

Increasing Mergers and Acquisitions to be the Outcome of Financial Crisis Wind farms are capital-heavy projects with significant up-front investment that can be financed only by large utilities and investment groups. The critical short-term challenge faced by most wind power developers is financing, particularly for under development projects. The economic downturn, resulting in the failure of some of the world’s largest investment banks, has led to an increase in the cost of capital for wind energy projects. Against this backdrop, only a few large wind power companies will be in a position to pursue their project development plans. Shortage of financial resources with smaller players would give an opportunity to the big giants to takeover or form alliances with such companies, thereby increasing the level of consolidation in the wind energy industry.

Declining Share of Europe in By Region Break-up of Wind Energy Capacity Though Europe is the leading region in terms of the current global cumulative wind energy installed capacity, its share in the world’s wind energy industry has dropped from over 73% in 2001 to 61% in 2007 and 54% in 2008. This is mainly because of the relatively mature status of wind energy markets is many European countries. Also, the faster rate of wind energy growth in the US, China, India and Canada is increasing the share of the North American and Asia-Pacific regions in the global wind energy industry.

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Info on Scholarship Resources, Financial Aid, and Grants

It is without a doubt that college tuition and other related expenses are continuously on the rise. For many students and parents, it is becoming increasingly difficult for families to afford all of the costs associated with getting a top-notch college education. Nonetheless, there are a variety of options that students and families can use in order to afford school. Whether its scholarships, financial aid or student loans, here is a comprehensive overview of different ways parents and students can get financial assistance.


Getting a scholarship or fellowship is perhaps the most common method that students can use to help pay for school. Usually these financial awards are based on merit such as academics. However, there are many scholarships and fellowships available for those who are ethnic minorities, women, religious minorities and other groups of individuals who generally have had to face mounting barriers to receive an education. There are also a variety of fellowships available to those who plan on entering a in-demand career such as education or engineering. Thankfully now we have plenty of resources to find information on a wide range of opportunities based on your unique set of circumstances. There are many on-line resources that will give students and parents the ability search different education-based financial awards to help pay for college.


Grants are second most common form of tuition and expense financing. Grants are usually offered by both state and federal governments to those who can demonstrate some sort of limited income or financial hardship. The most common education grant given to students is the Pell Grant, however, recent law changes have made it more and more difficult for students to get this grant. Other that are available are the TEACH Grant which is given to those interested in pursuing a degree in education and plan on teaching in a high-needs community such as an inner-city or rural neighborhood. Students should talk with a financial aid counselor to explore different education grant opportunities.

Student Loans

Student loans are often a last resort for many students. Education loans come in two different forms: private and government-subsidized. Many private banks offer parents the option to finance their children’s education costs through private loans. The interest rates typically are higher and the repayment options after graduation tend to be not as lenient compared to government-subsidized loans. Federal government-subsidized loans typically have lower interest rates, generous repayment plans and students have the ability to have their debt wiped out after ten years if they pursue a career in public service.

Other forms of financial aid

There are other forms of financial aid that students and parents can consider. The first option is looking into work-study programs offered by various universities. In exchange for lowered tuition rants and housing assistance, many universities will require students to work in an university office for a certain amount of hours per week. Students also are required to keep up a certain GPA in order to remain in good standing with their work-study program.

There is no need to worry about being burned with the rising school costs. It’s just a matter of doing your research and exploring different options when it comes to being able to afford expenses. The internet is filled with a plethora of resources, just do careful planning and do not wait until the last minute to start exploring different options. Many awards and programs have deadlines that are anywhere between six months to a year out. Parents should start looking for different awards while their children are enrolled in the latter half of their sophomore year in high school.

Financial Aid for Moms Going Back to School

Single moms must not drop their dreams of a career or returning to school. But one thing that makes moms drop this issue is the bureaucracy and the tons of papers that need to be filled in. That paper is required in order to get a student loan. But this should not be like that. Things should go much smoother.

Getting financial aid seems like a lot of word. There are many forms to fill out. But you should know that some of them are online and you can easily fill them out while sitting at home. You can also take up a program supported by the federal government. Such programs are: Pell Grant, Hope Grant and many others. It is said that these ones are not so hard to get and there is not so much paper work.

You may not know it, but FAFSA has 5 pages and 127 questions that need to be filled in and that is rather hard to do. This is why not many people apply for this. But this could mean less competition to get that financial aid.

Available money

Make sure you know how much money is available. Make sure they are covering your expenses. If the aid does not cover it all, you need to make sure you can cover the rest of the sum and be able to study.

Other complications may appear from the fact that the FAFSA form needs some complicated calculations. But the state is working on removing those. All this trouble is so that the college or the university knows your taxes and your income and they can assess your situation. But there are some changes being made and they plan to include in the annual tax forms a box saying that if needed, universities and colleges can get information about your income without supplementary signatures and papers. This would facilitate things.

Also take a look at the grants and the scholarships that are out there. It may seem like a lot of work but those are money that must not be returned and the benefit is huge. So take your time to investigate further. Learn which are the rules and regulations and apply for the one financial aid that suits your needs. Make sure to have all the documents ready and apply very fast. Only in this way you will get the kind of education you want.

Do you want to learn more about free school grants? Visit SchoolGrantsMoney.Com for more information on Pell grants eligibility and grants for women going back to school.