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Project Finance Trends in the Global Wind Energy Market to 2

Wind is the Fastest Growing Energy Source in the World

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Project Finance Trends in the Global Wind Energy Market to 2

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  1. Project Finance Trends in the Global Wind Energy Market to 2015 - Deals, Competitive Analysis of Debt Providers, Advisors, Sponsors and Interest Rates

  2. Description “Project Finance Trends in the Global Wind Energy Market to 2015 - Deals, Competitive Analysis of Debt Providers, Advisors, Sponsors and Interest Rates”, is the latest report from GlobalData, the industry analysis specialists, that offers comprehensive information on the major trends observed in project financing in the global wind market. The report provides in depth analysis of the overall investments overview in the global wind power industry provides investment forecasts up to 2015. The research analyzes the growth trends and investments through project financing in major wind power markets of the world. The study identifies potential hotspots in the world and analyzes the project financing trends in such markets. The research provides a detailed analysis deal value and volume, by transaction type, by project size, league tables and top project finance deals in major markets. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s Team of industry experts.

  3. Wind is the Fastest Growing Energy Source in the World From an emerging fuel source twenty years ago, wind energy today has transformed into a commercial generating technology in over seventy countries with more effective and more reliable equipment and machinery. The global wind energy market is expanding at an accelerating pace, with wind energy installations growing by 32% in 2009 over 2008. Global wind energy installed capacity increased at a Compounded Annual Growth Rate (CAGR) of 26.7% from 24,100 MW (megawatts) in 2001 to 160,014 MW in 2009, of which 38,361 MW came online only in 2009. Wind power had become an important player in the global energy market, with the growing equipment market creating a large number of jobs. For further details, please click or add the below link to your browser: http://www.globaldata.com/reportstore/Report.aspx?ID=Project-Finance-Trends-in-the-Global-Wind-Energy-Market-to-2015--Deals-Competitive-Analysis-of-Debt-Providers-Advisors-Sponsors-and-Interest-Rates&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Alternative_Energy The US leads the global wind energy market with a share of 21.9% of the cumulative installed capacity in 2009. The US is followed by China, which accounted for 16.3% of the total installed base in the global market.

  4. Germany and Spain are the next to follow with a share of 16.1% and 12% respectively. India with 6.8% and Italy with 3% are the other leading nations in the global wind market. Project Financing in Global Wind Projects is expected to reach $70 billion by 2015 Project finanicng is a major source of debt for wind power projects in the world. One of the major reasons for wind farm owners looking at project financing as a major source of debt for their projects is the need to raise credit. Wind power projects incur huge capital investment, since many firms are not mature or profitable enough to generate the money to fund expansion or new ventures on their own, project finance becomes very important. Debt financing minimizes or mitigates the risk of nonpayment within levels acceptable to the loan provider (usually banks). Project financing for wind power projects had increased from an estimated $8,946 million in 2004 to $38,613 million by 2009 at a CAGR of 33.97%. The key drivers for increase in project financing investments in wind power are the strong political support and government will to support the industry. Governments across the world implemented policies and support programs to drive wind power installations in their respective countries, hence driving the need for sourcing finance for wind projects.

  5. Funding for wind projects through Project financing contracted by 4.18% in 2009 to reach $38.613 billion. The major reason for the contraction in project financing in the global wind market is due to the financial crisis during the first three quarters of 2009 and the tight financial situation that prevailed among a number a banks and companies. Financing of wind projects continued to improve in the last quarter of the year as the clouds of economic crisis continued to wither out. Against the backdrop of increasing support for wind power and strong political will to support alternative sources, there will be an increase in the need to source funding for projects through project finance. It is expected that investments from project finance in the forecast period will reach $69,797 million by 2015. For further details, please click or add the below link to your browser: http://www.globaldata.com/reportstore/Report.aspx?ID=Project-Finance-Trends-in-the-Global-Wind-Energy-Market-to-2015--Deals-Competitive-Analysis-of-Debt-Providers-Advisors-Sponsors-and-Interest-Rates&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Alternative_Energy Asia Pacific is the Largest Project Financing Market for Wind Projects in the World Asia pacific is the largest regional market with a share of 42% of the total investments through project finance for wind projects in 2009.

  6. China and India are the leading markets driving project financing for wind projects in Asia Pacific. Project financing for wind projects increased from $1,699 million in 2004 to $16,199 million in 2009 at a CAGR of 56.99%. Project financing for wind power projects in Asia Pacific increased by 47% in 2009 from $11 billion in 2008 driven by the government support offered to wind sector in the region. In the times of finanicial crisis both India and China managed to buck the trend with increasing installations and an estimated $1,073 million for project finance of wind in India and $8,937 million in China in 2009. Other Asian Countries such as Japan, Australia, New Zealand and Philipines are other Wind power countries in Asia Pacific attracting project financing for wind. Against the backdrop of increasing support for wind power, it is expected that investments from project finance in the forecast period in Asia Pacific will reach $29,336 million by 2015. Europe is the Second Largest Market for Project Finance in Wind with a Share of 30.6% Project financing in Europe wind energy market increased from $6,587 million in 2004 to an estimated $11,813 million in 2009 at a CAGR of 12.39%. Germany and Spain are the major markets which attracted investments through project financing backed by the favorable policies of the federal and state government. Investments through project financing witnessed a steady increase during the period of 2004 to 2008 backed by feed-in tariff programs, quota obligations,

  7. capital and loan support programs thereby increasing the project viability. Project financing for wind power in the region was severely hit by the shortage of credit due to the economic downturn. Project financing in wind projects fell by 12.2% in 2009 from an estimated $13,454 million in 2008. Credit markets recovered in the region with federal governments showing keen interest to promote wind power by announcing stimulus packages centered on green energy. Offshore wind financing is the future trend in the market. Untill 2009, only few offshore wind projects are funded through project finance as offshore wind attracts high costs and technical issues installing and maintaining such wind projects discouraging banks to lend for offshore projects. However with the last one year offshore wind financing has picked up and with countries such as Germany, the UK, Sweden, Denmark, Norway and the Netherlands picking up their offshore expeditions, the future looks optimistic. Against the backdrop of supportive policies, the wind sector project finance investments in Europe are expected to reach $20,181 million by 2015. For further details, please click or add the below link to your browser: http://www.globaldata.com/reportstore/Report.aspx?ID=Project-Finance-Trends-in-the-Global-Wind-Energy-Market-to-2015--Deals-Competitive-Analysis-of-Debt-Providers-Advisors-Sponsors-and-Interest-Rates&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Alternative_Energy

  8. The US is a Major Market in North America for Project Financing in Wind Project financing in North America wind energy market increased from $596 million in 2004 to an estimated $7,963 million in 2009 at a CAGR of 67.96%. The US is the major country which attracted highest investments through project financing backed by the favorable policies of the federal and state government. Investments through project financing witnessed a year on year increase of over 100% during 2004 to 2008 backed by tax credits, quota obligations, capital and loan support programs thereby increasing the project viability. Project financing for wind power in the region was severely hit by the shortage of credit due to the economic downturn. Project financing in wind projects fell by 46.83% in 2009 from an estimated $14,980 million in 2008. Credit markets recovered in the region with federal, state and provincial governments showing keen interest to promote wind power by announcing stimulus packages centered on green energy. Incentives promoting wind market development such as the extension of federal tax credits, low interest rate loans and Ontario green tariff system are some of the major initiatives provided in the North American market to promote project financing in wind power. The Ontario feed in tariff program and the domestic local content requirement had generated positive impact in the maret with

  9. companies like Samsung, Korea Electrical Power Corporation and many other leading international manufacturers and developers of wind power investing in the market. It is expected that investments from project finance in the forecast period in North America will reach $18,110 million by 2015. For further details, please click or add the below link to your browser: http://www.globaldata.com/reportstore/Report.aspx?ID=Project-Finance-Trends-in-the-Global-Wind-Energy-Market-to-2015--Deals-Competitive-Analysis-of-Debt-Providers-Advisors-Sponsors-and-Interest-Rates&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Alternative_Energy Visit our report store: http://www.globaldata.com For more details contact: pressreleases@globaldata.com North America: +1 646 395 5477 Europe: +44 207 753 4299 +44 1204 543 533 Asia Pacific: +91 40 6616 6782

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