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Vestas braces for US order boom this year

Although the US wind turbine subsidies have been reduced since last year, the Danish manufacturer still sees major interest in new orders.

Photo: Vestas
BY

Last year was positive for Vestas on the US wind market.

The Danish turbine manufacturer took the lead, with the delivery of 3,940 MW, on the world's second-largest market. Meanwhile, new orders totaling 3.5 GW flooded in, largely on account of the fact that US project developers were able to receive the full tax credit in the PTC program if they placed orders for at least 5-10 percent of the total investment before Jan. 1 2017. The full tax credit is also conditioned on the requirement that these projects be completed within four years.

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