Technology

Power Industry Eyes Untapped Wind Markets

Money never falls out of the sky, but getting electricity out of the air is pretty close.
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Power Industry Eyes Untapped Wind Markets

With energy needs expected to double in India next 20 years, the energy industry is seeking power in new ways. India already has a robust land-based wind farm system, but power giants are looking to expand into offshore wind farming. German energy giant RWE and India's Tata Power announced a collaboration that authorities expect to produce 30 gigawatts by 2030 of all offshore wind farming energy.

With more experts and companies looking for energy independence, projects like these may play a major factor in the shape of the market for years to come.

Telling it like it is - Money never falls out of the sky, but getting electricity out of the air is pretty close.

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