Vestas receives 28 MW order of 80 percent PTC qualifying turbine components in the U.S.
Vestas has received an order for 28 MW of 4 MW platform compatible turbine components that qualify for 80 percent of the PTC value under the bipartisan PATH act that Congress passed in 2015. The PTC qualifying components enable future wind energy projects to be realised. The long-term PTC phasedown terms set in the PATH act made the wind industry the first energy industry to agree to permanent tax reform, and have resulted in nearly USD 50 billion of investment in the U.S., including the expansion of factories, hundreds of millions of dollars in technology innovation investment and the