Wind Power Market - Investment Opportunities in Competitive Environment: ABB Limited, American Electric Power, China Longyuan Power Group
Wind power is the kinetic energy of wind, harnessed and redirected to perform a task mechanically or to generate electricity. Wind turbines convert the kinetic energy into the mechanical power. This mechanical power can be used for specific tasks like grinding grain or pumping water or can be converted into electricity by a generator. The global wind power market is expected to witness a significant growth over forecast period owing to increasing price of non-renewable energy and government initiative to...
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