The market for wind energy grew 27% in 2006, and wind-turbine manufacturers are investing as if they expect further extension of the federal production tax credit. Denmark-based Vestas Wind Systems A/S announced plans to construct a $60-million, 200,000-sq-ft factory in Windsor, Colo., to produce turbine blades. “We see an increasingly great commitment from all stakeholders to wind,” says Jens Søby, president of Vestas Americas A/S, Portland, Ore. At the end of 2006, U.S. wind energy totaled 11,603 MW, according to the American Wind Energy Association. AWEA forecasts more than 3,000 MW more this year.
Turbine Manufacturers Show Growing Trust in Sector's Future
April 2, 2007