EDF RE Makes Big Wind Plans For Next Few PTC Years

Posted by Betsy Lillian on January 30, 2017 No Comments
Categories : Projects & Contracts

In support of its U.S. wind ambitions for 2017-2020, independent power producer EDF Renewable Energy (EDF RE) has so far signed turbine supply agreements to enable the construction of more than 3 GW of new wind projects.

The recent agreements with Vestas, GE and Siemens position the company to build and put into service wind projects in accordance with the guidelines of the federal production tax credit.

Additionally, in its strategic repowering program, the company says it is poised to qualify approximately 500 MW worth of projects.

Tristan Grimbert, president and CEO of EDF EN North America, says, “The North American market is very strong, and our development plan for 2017-2020 expects to capitalize on the positive momentum to support jobs in the wind sector and incremental revenues to farmers that host our projects and provide cost-competitive energy to consumers and businesses.

“This strong growth in wind energy relies, in part, on two trends,” Gimbert continues. “First, utilities embrace renewable energy sources as a major part of the future energy mix. And secondly, America’s corporate sector is demonstrating leadership in the drive for a low-carbon economy through the purchase and investment in affordable clean energy.”

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