2016 Was U.S. Wind’s Strongest Q1 Since 2012

Wind power off to a good start

Barbara Vergetis Lundin, May 2, 2016 (SmartGridNews)

The U.S. wind industry installed 520 MW of new capacity in Q1 2016, the biggest first quarter the industry has had since 2012. Developers are rushing to take advantage of the 100% production tax credit (PTC), which drops to 80% at the end of 2016. The 2012 Q1 was similarly driven by an expiring PTC. Wind builders began construction on 2,000 MW of capacity in Q1, bringing the total in-construction U.S. capacity to 10,100 MW. There are also 5,100 MW of capacity in advanced stages of development and nearing construction, promising big growth from the current 74,512 MW of installed wind capacity. click here for more

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