Industry group credits PTC for strong 3Q installations

A report today from the wind industry’s main trade association highlights the link between stable tax policies and growth in turbine installations. Thousands of megawatts have come online this year, with even more expected to do so by the end of the year, but new project starts have slowed to a trickle. More than 4,700 megawatts of wind turbines have been installed so far this year, including more than 1,800 MW in the third quarter, and an additional 8,430 MW are still under construction, according to the American Wind Energy Association’s third-quarter report. [ read more … ]