Article

And America is Buying Up Turbines

Britain's booming wind farm industry is grinding to a halt because a lucrative tax break in America is fuelling massive demand for new wind installations across the Atlantic.

Hundreds of generator turbines for units that were destined for the UK have been diverted because European manufacturers want to take advantage of the latest Production Tax Credits in America.

The British Wind Energy Association said: 'These credits are quite rare. When they are around, manufacturers want to take advantage of them. Hence turbines are heading for America now instead of Europe.

'It means that the boom in wind farms in the UK will pause for the next 18 months.

Hundreds of generator turbines for units that were destined for the UK have been diverted because European manufacturers want to take advantage of the latest Production Tax Credits in America.
 
The British Wind Energy Association said: 'These credits are quite rare.  When they are around, manufacturers want to take advantage of them.  Hence turbines are heading for America now instead of Europe.
 
'It means that the boom in wind farms in the UK will pause for the next 18 months.


Source: link missing! please notify us

DEC 13 2005
http://www.windaction.org/posts/690-and-america-is-buying-up-turbines
back to top