Vestas has received an 8 MW order for 4 MW turbine components for a 60 percent PTC value from an undisclosed client.
These components will allow future wind energy projects to be completed by the end of 2024.
The PTC terms set out in the PATH Act, passed by Congress in 2015, made the wind industry the first to agree on a permanent tax reform and resulted in billions of dollars in investment in wind energy in the U.S., including expansions in domestic manufacturing and supply chains, construction , transport, tax revenue to local communities, and the addition of tens of thousands of jobs.
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