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Much of the time it will refer to revenue generated on an annual basis. For example, all wind energy companies might spend $1T this year as an investment, but
by jtokoph 7y ago
Much of the time it will refer to revenue generated on an annual basis.
For example, all wind energy companies might spend $1T this year as an investment, but only bring in $10B in revenue. That would be a $10B market.
- tlb 7y agoBut manufacturing and installing wind turbines would be $1T/year revenue, since that's where their investment goes.
- rukittenme 7y ago$1T in manufacturing not in power generation which is the more important and relevant part of the equation.
- marcosdumay 7y agoThat would be $1T in cumulative revenue, not $1T/year of revenue. It is a large number. But it's a different large number from the headline.