Too bad Green Chip Stocks did not mention APWR for the Chinese player down the road…….I agree 100% with the other main wind companies they mention and also would add AMSC to the list.

On Wednesday, the vice-president of the Chinese Wind Energy Association announced that China is planning to set up seven wind power bases – with a minimum capacity of 10 GW each – by 2020.

That means each wind power base will generate more than double the power that’s expected to be generated at T. Boone Pickens’ wind farm in Texas. That’s huge!

Certainly for those who invest in turbine manufacturers, this kind of continued support for wind energy in China could prove to be quite lucrative. But this opportunity is not limited to only the Middle Kingdom.

As it stands, the U.S. surpassed Germany as the country with the largest amount of installed wind power capacity in 2008. This, after more than 8,500 megawatts of new wind power increased the nation’s cumulative total to more than 25,300 megawatts – representing a growth of about 50 percent.

Based on this growth rate, and assuming long-term policy support (which is now in place), this puts the U.S. on a trajectory to generate 20 percent of our electricity from wind energy by 2030.

This is a massive jump, based on the 1.25 percent that was generated by installed wind projects at the end of 2008 – and a massive opportunity for investors.

Of course, the real catalyst here is Washington.

Secretary of Energy Steven Chu has been very vocal about his support for wind energy development, saying that he believes wind energy is one of our most promising renewable energy sources.

Not surprisingly, the wind energy industry picked up $93 million from the stimulus to further develop wind energy in the U.S.

We also believe that much of the new investment in transmission and infrastructure is being made to facilitate the continued growth of wind in the U.S. After all, the DOE didn’t announce that wind energy could produce 20 percent of our electricity by 2030 without taking into account infrastructure development.

The writing is on the wall, my friend. And unless you hate money, there’s absolutely no reason you shouldn’t be properly positioned in the wind energy market.

Wind Energy Investing: What the Stimulus Holds

When we talk about investing in wind energy, most focus on turbine manufacturers. It’s a common and logical connection.

Today, GE (NYSE:GE), Vestas (CPH:VWS), Siemens (NYSE:SI), Suzlon (NSE:SUZLON) and Gamesa (MCE:GAM) are the main suppliers of wind turbines in the U.S.