ABB_id2059
in News Departments > New & Noteworthy
print the content item

The U.S. wind energy industry has continued new installations in the first quarter of this year, installing 1,400 MW or approximately $3 billion worth of new wind generating capacity, according to a quarterly market report released by the Washington, D.C.-based American Wind Energy Association (AWEA).

"While 2008 is shaping up to be another great year, we could see a very different story in 2009 as uncertainty looms over investment in wind power projects and manufacturing due to continuing delay in extending the production tax credit (PTC)," says Randall Swisher, AWEA executive director.

The new wind power facilities installed this quarter span 10 states and bring total U.S. wind power capacity to over 18,000 MW. Texas added over half of this new capacity and now has well over 5,000 MW installed. Over 4,000 MW of projects are now also under construction nationwide.

Additionally, AWEA reports an increase in the share of U.S.-made wind turbine components, from less than 30% to approximately 50% in three years. AWEA estimates that, by the end of the year, approximately half of turbine components for wind turbines installed in the U.S. will be produced domestically.

SOURCE: American Wind Energy Association


IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015