US firm announces 600 MW Vestas projects
The former SunEdison CEO, who now works with a new developer, has announced that his company secured the full PTC subsidy for projects worth more than 600 MW. Vestas has confirmed the order.
The deadline to secure the full tax rebate under the US PTC scheme ended at the turn of the year. To qualify, the scheme demanded that project developers put forward a small portion of the financing, for example by buying components for the projects they will construct in the coming five years. Now, leading up to 2020, many wind farms will finally begin to emerge.
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