Vestas Receives 40 MW Order Of 80 Percent PTC Qualifying Turbine Components In The U.S.

Vestas has received an order for 40 MW of turbine components that qualify for 80 percent of the PTC value under the bipartisan PATH act that Congress passed in 2015.

The long-term phasedown terms set in the PATH act have resulted in nearly USD 50 billion of investment in the U.S. including the expansion of factories, millions of dollars in technology innovation investment and the addition of tens of thousands of jobs across the wind value chain. In 2016, the wind industry added jobs 9x faster than the overall U.S. economy, and today there are more than 102,000 wind workers.

“Each American-made turbine manufactured supports 30 jobs over the course of its lifetime” said Chris Brown, President of Vestas’ sales and service division in the United States and Canada, “This order underscores that wind is the low-cost energy of choice for consumers and companies that will deliver millions of dollars in economic growth and jobs to American communities.”

Project and customer are undisclosed at the customer’s request.