1 List of Tables 11
1.1 List of Figures 14

2 Canada Wind Energy Regulatory Framework 15
2.1 Canada Renewable Energy Regulatory Framework 15
2.1.1 Canada Renewable Energy Regulatory Framework, Overview 15
2.2 Canada Renewable Energy Regulatory Framework, Federal Initiatives 15
2.2.1 The ecoEnergy for Renewable Power Program 15
2.2.2 The ecoENERGY for Renewable Heat program 15
2.2.3 Biofuels Development Initiative 16
2.2.4 Federal tax Incentives 17
2.3 Canada Renewable Energy Regulatory Framework, Provincial Initiatives 17
2.3.1 Eastern Provincial Programs 18
2.3.2 Central Provincial Programs 19
2.3.3 Western Provincial Programs 20
2.4 Canada Wind Power Regulatory Framework 22
2.4.1 Canada Wind Power Regulatory Framework, Overview 22
2.4.2 Wind Power Production Incentive (WPPI) 22
2.4.3 Temporary Cap of 900 MW in Alberta 22

3 Canada Wind Power Industry, 2001-12 23
3.1 Canada Power Market, Installed Capacity by Fuel Type 23
3.2 Canada Renewable Power Market, Overview 24
3.3 Canada Wind Power Market, Size and Growth, 2001-12 26
3.3.1 Cumulative Installed Capacity, 2001-12 26
3.3.2 Canada Wind Power Generation, 2001-12 28
3.4 Canada Wind Power Market, Offshore Development, 2003-12 29
3.5 Canada Wind Power Market, Installed Capacity by States, 2007 30

4 Canada Wind Turbine Market 31
4.1 Canada Wind Turbine Market, Annual Capacity Additions, 2001-12 31
4.2 Canada Wind Turbine Market, Average Wind Turbine Price, 2003-12 32
4.3 Canada Wind Turbine Market, Annual Value Forecast, 2003-12 34
4.4 Canada Wind Turbine Market, Manufacturers Share, 2007 35
4.5 Canada Wind Turbine Market, Average Wind Turbine Size, 2001-07 36
4.6 Canada Wind Turbine Market, Classification of Installed Turbines 37

5 Canada Wind Farm Projects 38
5.1 Canada Wind Farm Projects, Ten largest Wind Farms 38
5.2 Canada Wind Farm Projects, Planned Onshore Wind Farms 39
5.3 Canada Wind Power, Share of Under Construction Wind Farm Projects by States 40
5.4 Canada Wind Power, Top 10 Wind Farm Developers by Cumulative Installed Capacity, 2007 41

6 Enercon GmbH, Company Snapshot 42
6.1 Company Overview 42
6.2 Major Products and Services 42
6.2.1 Overview 42
6.3 Key Employees 43
6.4 Locations and Subsidiaries 43
6.4.1 Head Office 43

7 Vestas Wind Systems A/S 44
7.1 Key Information 44
7.2 Company Overview 44
7.3 Financial Performance 44
7.4 SWOT Snapshot 44
7.5 Business Description 45
7.5.1 Business Overview 45
7.5.2 Production and Sales of Wind Turbines 45
7.6 History 48
7.7 Business Strategy 52
7.7.1 Mission Statement 52
7.7.2 Strategy 52
7.7.3 Key Strategies 53
7.7.4 Corporate Social Responsibility 53
7.8 SWOT Analysis 54
7.8.1 Overview 54
7.8.2 Vestas Wind Systems A/S Strengths 55
7.8.3 Vestas Wind Systems A/S Weaknesses 56
7.8.4 Vestas Wind Systems A/S Opportunities 56
7.8.5 Vestas Wind Systems A/S Threats 58
7.9 Competitors 59
7.10 Revenue Analysis 59
7.10.1 Revenue by Segment 59
7.10.2 Revenue by Geography 59
7.11 Share Holding Structure 60
7.12 Key Employees 61
7.13 Key Employee Biographies 61
7.14 Company Statement 63
7.15 Locations and Subsidiaries 66
7.15.1 Head Office 66
7.15.2 Other Locations & Subsidiaries 66

8 GE Energy, Company Snapshot 68
8.1 Key Information 68
8.2 Company Overview 68
8.3 Financial Performance 68
8.4 Business Description 68
8.4.1 Business Overview 68
8.5 Major Products and Services 69
8.5.1 Overview 69
8.6 Competitors 71
8.7 Key Employees 72
8.8 Key Employee Biographies 72
8.9 Company Statement 72
8.10 Locations and Subsidiaries 73
8.10.1 Head Office 73

9 AIM PowerGen Corporation, Company Overview 74
9.1 Key Information 74
9.2 Industry Outlook – Wind 74
9.3 Major Products and Services 75
9.3.1 Overview 75
9.4 Competitors 75
9.5 Key Employees 75
9.6 Locations and Subsidiaries 76
9.6.1 Head Office 76

10 Finavera Renewables Inc.,Company Snapshot 77
10.1 Key Information 77
10.2 Company Overview 77
10.3 Financial Performance 77
10.4 Industry Outlook – Ocean/Tidal 77
10.5 Industry Outlook – Ocean/Tidal 79
10.6 Industry Outlook – Power Generation 80
10.7 Industry Outlook – Wind 81
10.8 Industry Outlook – Wind 81
10.9 Business Description 82
10.9.1 Business Overview 82
10.10 Major Products and Services 83
10.10.1 Overview 83
10.11 History 83
10.12 Key Employees 84
10.13 Key Employee Biographies 84
10.14 Locations and Subsidiaries 86
10.14.1 Head Office 86
10.14.2 Other Locations & Subsidiaries 86

11 Renewable Energy Systems Ltd ,Company Snapshot 87
11.1 Key Information 87
11.2 Company Overview 87
11.3 Industry Outlook – Wind 87
11.4 Major Products and Services 88
11.4.1 Overview 88
11.5 History 88
11.6 Competitors 89
11.7 Key Employees 90
11.8 Locations and Subsidiaries 90
11.8.1 Head Office 90
11.8.2 Other Locations & Subsidiaries 91

12 EarthFirst Canada Inc., Company Snapshot 92
12.1 Key Information 92
12.2 Company Overview 92
12.3 Industry Outlook – Power Generation 92
12.4 Industry Outlook – Wind 93
12.5 Business Description 94
12.5.1 Business Overview 94
12.6 Major Products and Services 95
12.6.1 Overview 95
12.7 History 95
12.8 Competitors 96
12.9 Key Employees 96
12.10 Key Employee Biographies 97
12.11 Company Statement 98
12.12 Locations and Subsidiaries 100
12.12.1 Head Office 100

13 Naturener, S.A.,Company Overview 101
13.1 Key Information 101
13.2 Financial Performance 101
13.3 Industry Outlook – Power Generation 101
13.4 Industry Outlook – Wind 102
13.5 Major Products and Services 103
13.5.1 Overview 103
13.6 Competitors 103
13.7 Locations and Subsidiaries 103
13.7.1 Head Office 103
13.7.2 Other Locations & Subsidiaries 104

14 TransAlta Wind ,Company Overview 105
14.1 Key Information 105
14.2 Industry Outlook – Power Generation 105
14.3 Industry Outlook – Wind 106
14.4 Major Products and Services 107
14.4.1 Overview 107
14.5 Competitors 107
14.6 Key Employees 107
14.7 Locations and Subsidiaries 108
14.7.1 Head Office 108

15 Acciona Energia, Company Snapshot 109
15.1 Key Information 109
15.2 Company Overview 109
15.3 Business Description 109
15.3.1 Business Overview 109
15.4 Major Products and Services 111
15.4.1 Overview 111
15.5 History 111
15.6 SWOT Analysis 113
15.6.1 Overview 113
15.6.2 Acciona Energia Strengths 114
15.6.3 Acciona Energia Weaknesses 115
15.6.4 Acciona Energia Opportunities 115
15.6.5 Acciona Energia Threats 116
15.7 Competitors 117
15.8 Key Employees 118
15.9 Company Statement 119
15.10 Locations and Subsidiaries 121
15.10.1 Head Office 121
15.10.2 Other Locations & Subsidiaries 121

16 Financial Deals Landscape 123
16.1 Detailed Deal Summary 123
16.1.1 Merger 123
16.1.2 Acquisition 124
16.1.3 Private Equity 130
16.1.4 Equity Offerings 132
16.1.5 Debt Offerings 149
16.1.6 Partnerships 160
16.1.7 Asset Transactions 164

17 Recent Developments 168
17.1 New Contracts 168
17.1.1 Nov 24, 2008: Manitoba Accepts RFP from SJW to Develop 300MW Wind Farm in Canada 168
17.1.2 Nov 24, 2008: NaiKun Submits 396 MW Proposal