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U.S. wind industry qualifies 4.5 GW of safe harbor equipment in 2016

By Paul Dvorak | January 31, 2017

Repowering under the 80-20 provision boosted sales volume in 2016 as asset owners capitalized on extending PTCs generated at their assets.

This Flash Note from Make Consulting analyses production tax credit -qualifying strategies in 2016 and estimates market opportunity size over the next few years. The note discusses turbine and turbine-related equipment orders in 2016 as it relates to market share and opportunity for new firm turbine orders in 2017 and beyond.

Key points include:

  • Developers have contracted for 4.5 GW of wind turbine equipment in 2016 in order to qualify for full-value production tax credits (PTCs)
  • Project sites that ultimately combine PTC-qualifying efforts will shrink total market opportunity, but additional commercial activity will occur in 2017
  • Repowering under the 80-20 provision boosted sales volume in 2016 as asset owners capitalized on extending PTCs generated at their assets

Filed Under: Financing, News

 

About The Author

Paul Dvorak

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