14 Sep '18, 5pm

U.S corporate wind sector is booming! Check it out

As US wind developers look to make maximum use of the fading production tax credit (PTC), one of the biggest questions has been whether there would be enough off-takers for all their proposed projects. Any such concerns seem increasingly quaint. This year is proving to be a blowout for US wind power-purchase agreements (PPAs), with more than 5GW signed in the first half — a 44% increase compared to the same period in 2017 — the highest level since the American Wind Energy Association (AWEA) began tracking PPA activity. In particular, demand for renewables from corporations is surging. With a third of the year still to go, US corporate renewables PPAs have already reached a record annual high, at 3.6GW, according to the Rocky Mountain Institute (RMI). The previous record of 3.1GW was set in 2015, a peak fuelled in part by the assumed expiration of the PTC at the end of that...

Full article: http://www.rechargenews.com/wind/1558746/us-corporate-win...

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