U.S. Sens. Mark Udall and Michael Bennet, both Democrats from Colorado, and 24 other senators urged Senate Finance Committee leadership Friday to extend the wind production tax credit in upcoming legislation. The committee should extend the production tax credit to support the 80,000 Americans employed in the U.S. wind industry, the senators wrote in a … Continue reading Extension of wind energy PTC urged
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Congressional Champions of the PTC and ITC warn colleagues they must act now to keep the U.S. wind energy industry robust
Bipartisan House and Senate champions of the campaign to extend the wind energy Production Tax Credit (PTC) and Investment Tax Credit (ITC) today urged their colleagues to act quickly to end another calamitous policy gap that threatens private investment, U.S. manufacturing and progress on clean energy. Senators Mark Udall (D-CO) and Chuck Grassley (R-IA), and … Continue reading Congressional Champions of the PTC and ITC warn colleagues they must act now to keep the U.S. wind energy industry robust
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Congress needs to renew clean energy tax incentives
As Coloradans, we have seen how wind energy is creating jobs and driving economic growth. We know that making our buildings, appliances and equipment more efficient saves money and helps our environment. And we know what happens to our climate if we don’t act. It’s simply inconceivable, then, that Congress sat back and let critical … Continue reading Congress needs to renew clean energy tax incentives
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Pyle spreads misinformation about wind power far and wide
Recently, newspapers in several states across the country have published similar opinion pieces by former lobbyist for Koch Industries Thomas Pyle, now president of the anti-wind American Energy Alliance. These canned attacks portray wind energy as costly and uncompetitive, and attack the jobs it supports. They all share a strong bias and outdated, discredited information. … Continue reading Pyle spreads misinformation about wind power far and wide
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US Congress orders suspension of wind energy PTC
Wind power operations whose construction began before Dec. 31, 2013 may continue to enjoy the federal benefit for 10 years; only new wind farm projects will be subsidy-free. And regardless of congressional action in Washington, 29 states have set their own renewable energy targets, which essentially mandate operators to invest in wind. The most populous … Continue reading US Congress orders suspension of wind energy PTC
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Wind energy tax credit expires
The wind power industry faces uncertainty again as a key federal incentive for wind farms expired at midnight Tuesday, almost one year after getting a reprieve. Unlike last year, there’s no “fiscal cliff” deal to get Congress to act at the last minute to renew the wind production tax credit. A budget package passed earlier … Continue reading Wind energy tax credit expires
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U.S.: Tax credit (PTC) for wind energy to expire
Northwest wind developers are once again grappling with uncertainty as the federal tax credit for renewable energy production is set to expire Dec. 31. It’s a familiar challenge for the industry. The credit, which pays 2.3 cents per kilowatt-hour of electricity generated by wind, nearly expired a year ago until it was extended by Congress … Continue reading U.S.: Tax credit (PTC) for wind energy to expire
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Fossil Fuel Industry and Koch Brothers Align to Kill Extension of Wind Energy Tax Credits
It seems that every year, renewable energy advocates are forced to respond to some false claims made by oil or coal interest groups trying to mislead the public and legislators into believing that solar and wind energy are not worth supporting. Even though wind power is a clean, renewable, homegrown form of energy that is … Continue reading Fossil Fuel Industry and Koch Brothers Align to Kill Extension of Wind Energy Tax Credits
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Vestas December wind power orders hit monthly record in rush for U.S. tax credits
Vestas Wind Systems has received its highest ever monthly total of orders in December as wind farm developers in the United States rushed to meet a year-end deadline to qualify for a tax credit. The Danish company booked orders for capacity of 1,346 megawatts (MW) in December and is set for its second-best sales ever … Continue reading Vestas December wind power orders hit monthly record in rush for U.S. tax credits
Continue readingU.S.: Wind energy developers rush to get federal tax credits
The wind rush continues in the Texas Panhandle with developers hoping to qualify for a federal tax credit program set to expire Tuesday. Chicago-based Invenergy announced this week it had arranged financing to buy and finish construction of the Miami Wind Energy Center going up in Roberts, Gray, Hemphill and Wheeler counties.
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U.S. Congress should extend wind power tax credit
In May, Gov. Terry Branstad and officials of MidAmerican Energy Co. announced plans for the largest economic development investment in Iowa history: A $1.9 billion wind energy project involving the addition of 656 new wind turbines. According to leaders, the project will generate as much as 1,050 megawatts of power in the state by 2015, … Continue reading U.S. Congress should extend wind power tax credit
Continue readingUdall backs extending wind energy PTC
U.S. Sen. Mark Udall, D-Colo., is pushing to extend the production tax credit for wind energy providers in Colorado before the end of the year. His effort comes with a new budget proposal that was brought through the Senate earlier this week. The tax credit extension would continue a program that provides 2.2 cents in … Continue reading Udall backs extending wind energy PTC
Continue readingCongress should extend wind energy tax credit
In May, Gov. Terry Branstad and officials of MidAmerican Energy Co. announced plans for the largest economic development investment in Iowa history: A $1.9 billion wind energy project involving the addition of 656 new wind turbines. According to leaders, the project will generate as much as 1,050 megawatts of power in the state by 2015, … Continue reading Congress should extend wind energy tax credit
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Wind energy supporters worried about extension of Production Tax Credit
Officials in Iowa’s wind energy industry are concerned the federal government still hasn’t extended the Production Tax Credit — or PTC — for wind projects. Harold Prior, executive director of the Iowa Wind Energy Association, says Senate leaders haven’t included the PTC in markup legislation, and that’s a worry since time is running out and … Continue reading Wind energy supporters worried about extension of Production Tax Credit
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Iowa’s wind energy
Wind energy industry is Iowa accounts for 3,000 Iowa jobs worth a combined payroll upward of $70 million a year and landowners make roughly $12.6 million a year in lease payments hosting wind turbines on their land. Tax breaks for wind-power producers are set to expire in a little more than a month, threatening hundreds … Continue reading Iowa’s wind energy
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American wind power installed new record of 13,124 MW
The U.S. wind energy industry had its strongest year ever in 2012, the American Wind Energy Association announced today, installing a record 13,124 megawatts (MW) of electric generating capacity, leveraging $25 billion in private investment, and achieving over 60,000 MW of cumulative wind capacity. 4Q numbers show 2012 was best year ever, as industry reached … Continue reading American wind power installed new record of 13,124 MW
Continue readingU.S. wind energy industry’s 4Q numbers to show success of Production Tax Credit
The American Wind Energy Association (AWEA) will release the wind industry’s fourth quarter results for 2012 on Wednesday, January 30th, at 3PM Eastern. Previous indications were that the industry, racing to install projects before its key incentive, the Production Tax Credit (PTC) was due to expire December 31, 2012, would turn in a strong showing … Continue reading U.S. wind energy industry’s 4Q numbers to show success of Production Tax Credit
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Wind energy looks forward following PTC passage
La Jolla, Calif., played host last week to nearly 1,000 wind industry professionals for a “trifecta” of AWEA events to kick off the New Year—the Regional Wind Energy Summit-West; Wind Project Operations, Maintenance & Reliability Seminar; and Wind Environmental Health & Safety Seminar. While each event hosted its own bevy of nuts-and-bolts technical seminars, the … Continue reading Wind energy looks forward following PTC passage
Continue readingWith policy certainty, America’s wind industry focuses on building clean, affordable, wind power and driving investment
The U.S. wind power industry is back at work with renewed momentum following extension of the Production Tax Credit (PTC) by Congress as part of the Jan. 1 legislation to avert the “fiscal cliff.” The wind energy PTC, and an extension of the Investment Tax Credit (ITC), important to small community and offshore projects, … Continue reading With policy certainty, America’s wind industry focuses on building clean, affordable, wind power and driving investment
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First Wind Projects 50 Percent Portfolio Growth in Coming Years Following Passage of Wind Energy Tax Credit
First Wind, an independent U.S.-based renewable energy company, today announced it hopes to increase its operating portfolio of wind projects by 50 percent or more after the recent extension of the federal tax credits by Congress last week. The ambitious effort could mean that thousands of people will be employed building new First Wind projects … Continue reading First Wind Projects 50 Percent Portfolio Growth in Coming Years Following Passage of Wind Energy Tax Credit
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