Vestas receives 22 MW order of 60 percent PTC qualifying turbine components in USA
These components will enable future wind energy projects that complete construction by the end of 2022.
The long-term PTC phasedown terms set in the PATH act, passed by Congress in 2015, made the wind industry the first energy industry to agree to permanent tax reform and have resulted billions of dollars in wind energy investment in the U.S., including expansions in domestic manufacturing and supply chain, construction, transportation, tax revenue to local communities, and the addition of tens of thousands of jobs across the wind value chain.
Vestas Wind Systems A/S. Press release - Vestas receives 22 MW order of 60 percent PTC qualifying turbine components in USA. URL: https://www.vestas.com/en/media/company-news?n=1866179. [Date Accessed: 27/12/2018].
Vestas Wind Systems A/S. Images. https://www.vestas.com/en/media/images. [Date Accessed: 21/02/2017].
- Repeat order from Mainstream comprises largest order for newly launched 4.2M platform
- Represents one of biggest ever Chilean wind turbine contracts
- An investment of US$ 144 million is expected.
- The energy produced is equivalent to the consumption of 160,000 homes and may reduce about 5.5 million tons of CO2 in 20 years.
Business & Finance