Tag: ptc
House Passes Bill with Wind PTC Extension Included
The House passed a tax extenders package this week that includes a one-year extension of the production tax credit (PTC) for wind...
GREEN Act Proposes PTC, ITC Extensions
U.S. Rep. Richard Neal, D-Mass., has introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act, which includes an extension of the...
IRS Boosts Wind PTC To Adjust For Inflation
The feds have announced an inflation adjustment increase in wind production tax credits from 2.3 cents/kWh to 2.4 cents/kWh.
EDF RE Makes Big Wind Plans For Next Few PTC Years
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...
Grassley Pleads With Treasury Secretary For Smooth Wind PTC Phase-Out
At yesterday’s confirmation hearing for Steven Mnuchin, now-President Donald Trump’s pick for secretary of the U.S. Department of the Treasury, U.S. Sen. Chuck Grassley,...
Nordex Secures Two PTC-Qualifying Turbine Orders
The Nordex Group has signed two new U.S. contracts for turbine components qualifying for the federal production tax credit (PTC).The components correspond to a...
IRS Issues ‘Beginning Of Construction’ Guidance For Wind Developers
The government agency has released the highly anticipated guidance updating the “beginning of construction” requirement for the production tax credit under Section 45 of the Internal Revenue Code.
Nordex Gets To Work On PTC-Qualifying Wind Order
An undisclosed independent power producer has signed a contract with the Nordex Group for production tax credit (PTC)-qualifying wind components corresponding to a value...
To Repower Or To Retrofit: How Does The PTC Affect Wind Owners’ Decisions?
In order to re-qualify an existing asset, wind owners must invest 80% of its fair market value; this is achieved through repowering or retrofitting.
Oklahoma Senator: Kill State’s Wind PTC In 2017
Oklahoma State Sen. Mike Mazzei, R-Tulsa, wants to do away with the state’s production tax credit (PTC) for wind power. Mazzei, who serves as...
