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Governors' Wind Energy Coalition

January 13, 2012

Latham: Natural gas blocks wind tax credit

DAN PILLER  •  Des Moines Register  •  Posted 2012-01-13 12:38:59

U.S. Rep. Tom Latham, R-Ia., suggested Thursday that natural gas interests have helped block renewal of a tax credit for wind producers. “They’re pushing hard against wind, of course,” Latham said at a state Capitol event highlighting Iowa’s wind energy industry. [ read more … ]

Wind Giant Vestas Cuts Back

FLEMMING EMIL HANSEN And JAMES HERRON  •  Wall Street Journal  •  Posted 2012-01-13 12:39:41

Vestas Wind Systems A/S said Thursday it will shed more than 2,300 jobs, or 10% of its work force, close one of its 26 factories and reshuffle management in a cost-cutting plan as it grapples with industry overcapacity.
The world’s largest wind-turbine manufacturer also warned that if U.S. lawmakers fail to extend a renewable-energy subsidy, known as the production tax credit, which expires by the end of 2012, it could lead to the layoff of an additional 1,600 workers in the U.S. Vestas will start preparing for a possible scale-down of U.S. operations later this year, it said. [ read more … ]

Winds blow hot and cold

Thomas Content  •  Journal Sentinel  •  Posted 2012-01-13 12:39:15

The boom-and-bust cycle of the renewable energy sector was on display Thursday. Broadwind Energy Inc. said Thursday it was awarded a $23 million order for wind turbine towers that will be made in Manitowoc. [ read more … ]

Note: News clips provided do not necessarily reflect the views of coalition or its member governors.