The U.S. added 419 megawatts of wind-power capacity in the third quarter, ...The rate of growth in wind development has slowed in recent years.
The U.S. added 419 megawatts of wind-power capacity in the third quarter, ...The rate of growth in wind development has slowed in recent years.
The U.S. added 419 megawatts of wind-power capacity in the third quarter, as installations in the first nine months surpassed all of last year, the American Wind Energy Association said.
Nineteen projects have added 1,254 megawatts this year, up from 1,088 megawatts in 2013, the Washington-based industry association said in a report today. The rate of growth in wind development has slowed in recent years as a federal credit has been allowed to repeatedly lapse by lawmakers. The tax was renewed by Congress last year and has expired again.
“We’re optimistic and fighting quite hard to make sure there’s another extension,” Emily Williams, senior policy analyst for AWEA, said in an interview today at the organization’s annual finance seminar …
... more [truncated due to possible copyright]The U.S. added 419 megawatts of wind-power capacity in the third quarter, as installations in the first nine months surpassed all of last year, the American Wind Energy Association said.
Nineteen projects have added 1,254 megawatts this year, up from 1,088 megawatts in 2013, the Washington-based industry association said in a report today. The rate of growth in wind development has slowed in recent years as a federal credit has been allowed to repeatedly lapse by lawmakers. The tax was renewed by Congress last year and has expired again.
“We’re optimistic and fighting quite hard to make sure there’s another extension,” Emily Williams, senior policy analyst for AWEA, said in an interview today at the organization’s annual finance seminar in New York.
Wind farms that began construction by the end of 2013 qualify for the 2.3 cent-a-kilowatt-hour tax credit. There are 105 projects totaling more than 13,600 megawatts under development in 21 states. More than 20 percent of the nation’s existing 62,300 megawatts are in Texas, which had the largest rate of installations during the third quarter.
“You think of Texas as this big oil and gas state, but it’s absolutely leading the country in wind power,” Williams said.