Vestas has received a 46 MW order of 4 MW platform turbine components that qualify for the 60 percent PTC value from an undisclosed customer. These components will enable future wind energy projects that complete construction by the end of 2024. The PTC terms set in the PATH act, passed by Congress in 2015, made … Continue reading Vestas secures 46 MW order of 60 percent PTC qualifying wind turbine components in USA
Continue readingTag Archives: PTC
Budget deal keeps wind energy PTC alive
A federal incentive for wind energy that’s been a big factor in utility resource acquisitions appears headed for an extension. The production tax credit for wind energy is scheduled to expire at the end of this year, but Congressional leaders have included a one-year extension in a budget agreement expected to pass this week, avoiding … Continue reading Budget deal keeps wind energy PTC alive
Continue reading
Wind energy customers discuss what comes after PTC phase out
American wind power’s future growth will be driven by a diverse range of customers and trends. Leaders representing a corporate purchaser, deregulated utility, a public utility commissioner, and a wind developer, discussed a few of those trends – demand from diverse customers, transmission expansion, falling costs, and storytelling – on the closing General Session panel … Continue reading Wind energy customers discuss what comes after PTC phase out
Continue reading
Wind energy gains predictability from tax credits’ multi-year extension
The agreement by congressional leaders last night on a multi-year extension of renewable energy tax credits would secure several years of predictable policies that encourage private investment in wind energy, industry leaders said today. “This agreement will enable wind energy to create more affordable, reliable and clean energy for America by providing multi-year predictability … Continue reading Wind energy gains predictability from tax credits’ multi-year extension
Continue reading
Amazon calls for extension of wind energy tax incentives
In making the announcement that it would buy power from the first wind farm in North Carolina, Amazon called for the extension of renewable energy tax incentives that are currently moving through Congress. Yesterday, Congress also took a step in the right direction when the U.S. Senate Finance Committee voted 23-3 to extend the primary federal … Continue reading Amazon calls for extension of wind energy tax incentives
Continue reading
Senate proposal would unfairly punish wind power
Buried in a massive 2016 spending bill for energy and water programs are budget cuts for valuable research into wind energy that the U.S. Senate should restore. Yale University polling shows that there is no red/blue divide on funding research for renewable energy, which the Senate spending proposal would cut The Senate Appropriations Subcommittee … Continue reading Senate proposal would unfairly punish wind power
Continue reading
Senate spending proposal would unfairly punish wind energy
Buried in a massive 2016 spending bill for energy and water programs are budget cuts for valuable research into wind energy that the U.S. Senate should restore, said the American Wind Energy Association (AWEA). The Senate Appropriations Subcommittee on Energy and Water Development, chaired by Sen. Lamar Alexander (R-TN), passed the spending bill including the … Continue reading Senate spending proposal would unfairly punish wind energy
Continue reading
U.S. wind energy needs govt support for development
Although the U.S. wind power industry has improved significantly, it may need four to five years to become an “economic issue” instead of a ” political issue”, said industry experts at the WINDPOWER 2015 Conference and Exhibition, an annual event held by American Wind Energy Association (AWEA). WINDPOWER 2015, held from May 18 to 21, … Continue reading U.S. wind energy needs govt support for development
Continue readingDon’t Let Anti-Wind Energy Groups Block Clean Energy in Congress
Wind power is one of our most promising solutions to air pollution and climate change. With 2014 passing as the hottest year ever recorded, wind offers a no-brainer way to move away from burning coal, oil and natural gas, the fossil fuels that are a primary climate change cause, and still meet our electricity needs. The … Continue reading Don’t Let Anti-Wind Energy Groups Block Clean Energy in Congress
Continue reading
Wind power capacity additions in USA expected to increase in last quarter of 2014
The U.S. Energy Information Administration (EIA) released a report stating that wind power capacity additions in the first three quarters of 2014 totaled less than 2 gigawatts (GW), but project developers have reported an additional 3 GW of expected capacity additions for the fourth quarter. The developers also reported an additional 11 GW of wind … Continue reading Wind power capacity additions in USA expected to increase in last quarter of 2014
Continue reading
US Congress extends policy critical to the success of wind energy
American wind power and tens of thousands of workers in its U.S. supply chain will have a brief opportunity for new projects as the U.S. Senate voted last night to extend a critical incentive for 2014. The American Wind Energy Association (AWEA) promised to continue seeking a more stable policy to allow wind energy to … Continue reading US Congress extends policy critical to the success of wind energy
Continue reading
Congress should extend wind energy tax credit through ’15
Congress should, without delay, extend the federal wind energy production tax credit through the end of 2015. We fear anything less will result next year in reduced wind energy investment and fewer wind energy projects at a key time of growth and promise for the industry. Earlier this month, the House passed an extension of … Continue reading Congress should extend wind energy tax credit through ’15
Continue readingAWEA urges wind energy supporters in Congress and White House to work to pass two-year extension of critical tax policies
As Congress considers extensions of tax policies used by a variety of businesses, it is crucial that the renewable energy Production Tax Credit (PTC) and Investment Tax Credit (ITC) be extended at least through 2015 as included in the EXPIRE Act, passed unanimously on a bipartisan basis by the Senate Finance Committee in April. … Continue reading AWEA urges wind energy supporters in Congress and White House to work to pass two-year extension of critical tax policies
Continue reading
AWEA, 450 organizations, call on congress to extend successful clean energy tax provisions
More than 450 businesses, companies and other organizations have signed and sent a letter urging Congress to immediately extend expired and expiring clean energy tax measures, including the renewable energy Production Tax Credit (PTC) and Investment Tax Credit (ITC), before the end of this year. “AWEA is proud to join this diverse coalition of companies and … Continue reading AWEA, 450 organizations, call on congress to extend successful clean energy tax provisions
Continue reading
US bill extends wind energy PTC
Two US members of Congress have introduced a bill to renew expired renewable energy tax credits. Democratic representatives Earl Blumenauer of Oregon and Dave Loebsack of Iowa, along with 16 other members of Congress, introduced HR 5559, the Bridge to a Clean Energy Future Act of 2014. The proposal would extend the production tax credits … Continue reading US bill extends wind energy PTC
Continue reading
Americans for Prosperity ignores the facts about the PTC and wind energy
The Production Tax Credit has been an extremely successful policy. The PTC is a market-driven solution that has rapidly scaled up wind power, making it the leading source of clean energy that will never run out. Providing this tax relief has proven to be a great investment as wind energy: Has attracted $75 billion in … Continue reading Americans for Prosperity ignores the facts about the PTC and wind energy
Continue reading
Wind energy business community urge Congress to pass the EXPIRE act after holiday break
The Senate recessed for the Memorial Day break without a vote on the EXPIRE act to extend dozens of crucial tax policies, including the Production Tax Credit (PTC) and Investment Tax Credit (ITC) for clean energy. A letter was delivered to Senators earlier in the week from a broad spectrum of the business community urging … Continue reading Wind energy business community urge Congress to pass the EXPIRE act after holiday break
Continue reading
Senate approves two-year wind energy PTC extenstion
The US Senate Finance Committee has approved a package of renewed tax breaks with a two-year extension of the production tax credit (PTC) for wind energy. The renewable energy Production Tax Credit (PTC) and Investment Tax Credit (ITC) were included today with bipartisan support, as the U.S. Senate Finance Committee reported out a tax extenders … Continue reading Senate approves two-year wind energy PTC extenstion
Continue reading
Wind energy tax credit extension will benefit Nevada
A report by the Nevada-based Clean Energy Project announced recently that at least $5.5 billion has been invested in Nevada clean energy, a milestone in the Silver State’s emergence as a national renewable-energy hub. For wind power, extending the Production Tax Credit means keeping the private investment and U.S. manufacturing jobs coming. Sen. Heller and … Continue reading Wind energy tax credit extension will benefit Nevada
Continue reading
144 Members of Congress Urge Investment in Clean Energy
Members of Congress from both parties – representing more than a quarter of each chamber – called for an extension of federal tax credits for wind energy today. In the Senate, Mark Udall (D-CO) and Charles Grassley (R-IA) were joined by 24 of their peers on a letter to Senate Finance Committee leadership calling for … Continue reading 144 Members of Congress Urge Investment in Clean Energy
Continue reading
