in News Departments > New & Noteworthy
print the content item

Citing the uncertainty surrounding the renewal of the wind energy production tax credit (PTC), South Dakota-based Molded Fiber Glass (MFG), a manufacturer of wind turbine blades and nacelles, cut 92 jobs at its Aberdeen, S.D., facility last week, Aberdeen News reports.

The company told Aberdeen News that the layoffs were necessary due to a downturn in orders resulting from the lack of a PTC extension. According to the report, GE was MFG's largest customer, and had been cutting back on its orders.

MFG joins many other companies in the wind energy supply chain that have recently announced layoffs due to PTC uncertainty.



Trachte Inc._id1770
Latest Top Stories

Wind Energy Dominates New U.S. Power In October

Data from the Federal Energy Regulatory Commission shows that wind power accounted for over two-thirds of the country's new electricity generating capacity in last month.


Are Fitch Ratings' Claims About Wind Farm Underperformance Unfounded?

A recent report from Fitch Ratings suggests that wind farms underperform due to an overestimation of wind resources, but AWS Truepower says the analysis misses the mark.


SunEdison Buying First Wind In $2.4 Billion Deal

Global solar company SunEdison and its yeildco have announced an agreement to buy the Boston-based developer, a major player in the U.S. wind industry.


U.S., China Reach Ambitious Climate Change Accord

The agreement between the global superpowers leans heavily on the deployment of renewable energy, such as wind and solar.


What The Midterm Elections Mean For The U.S. Wind Industry

Both chambers of Congress are now under Republican control for the first time since 2006. How will wind energy fare?

Renewable NRG_id1934
Hybrid Energy Innovations 2015