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The American Wind Energy Association (AWEA) reports that the US market for small wind turbines (100 kilowatts (kW) and less) grew 78% in 2008, with a total of 17.3MW of new installed capacity.
US manufacturers sold about half of all small wind turbines installed worldwide last year.? U.S. market share amounted to $77 million of the $156 million global total. The study included a poll of small wind manufacturers, who project a 30-fold growth in the US small wind market within as little as five years, despite a global recession. ?Much of this estimated growth will be spurred by the new eight-year 30% federal Investment Tax Credit (ITC) passed by Congress in October 2008 and augmented in February 2009.
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