The American Wind Energy Association (AWEA), Washington, D.C., say renewable energy tax credits have encouraged the start of construction of over 14,000 MW in wind-generation in the United States so far in 2014.
“Today’s great values on clean, low-cost wind power are encouraging utilities and major companies to sign more and more contracts for it,” said Tom Kiernan, AWEA’s CEO, in a press release. “They show how successful the renewable energy tax credits have been in getting the private investment needed to build these new projects.”
According to AWEA’s Second Quarter Market report, 15 wind energy projects have been completed and gone online since the start of the year, adding 217 MW in the first quarter and 619 MW in the second quarter. Installed U.S. wind generating capacity as of June 30 stood at 61,946 MW. Another 109 projects were underway at mid-year, representing up to 14,600 MW of additional capacity.