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Vestas secures order of 60% PTC qualifying turbine components

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Energy Global,


Vestas has received a 46 MW order of 4 MW platform turbine components that qualify for the 60% PTC value from an undisclosed customer. These components will enable future wind energy projects that complete construction by the end of 2024.

The PTC terms set in the PATH act, passed by Congress in 2015, made the wind industry the first energy industry to agree to permanent tax reform and have resulted in billions of dollars in wind energy investment in the US, including expansions in domestic manufacturing and supply chain, construction, transportation, tax revenue to local communities, and the addition of tens of thousands of jobs across the wind value chain.

 

 

For more news and technical articles from the global renewable industry read our latest issue of Energy Global magazine.

Energy Global’s Summer 2020 issue

The Summer issue of Energy Global provides in-depth technical articles covering technological advancements and future outlooks in the renewables sector, from companies including Sulzer, Power Ledger, JinkoSolar, Trelleborg Applied Technologies, Clir Renewables, and many more. The issue covers a spectrum of clean energies, from wind to hydrogen to solar to biofuels.

Read the article online at: https://www.energyglobal.com/wind/24092020/vestas-secures-order-of-60-ptc-qualifying-turbine-components/

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