Wind energy reaches new milestone in China

China - Wind Energy

China wind energy takes another step forward Wind energy has become China’s third largest source of power, according to the People’s Daily Online. The country has long relied on fossil-fuels, but has been making a concerted effort to embrace alternative energy and environmentally friendly practices. Wind energy has successfully surpassed the country’s nuclear power capacity and is quickly shaping up to become a replacement for nuclear energy altogether. Wind power is only one of the various alternative energies that the country has been focusing on in recent months, with solar…

Read More

Production Tax Credit extension heralded as victory for wind energy industry

Wind Energy Tax Credit

Production Tax Credit extension praised by wind energy developers The U.S. wind energy industry received some good news for the new year as federal lawmakers agreed to extend the Production Tax Credit, which helps support various wind energy products throughout the country. The extension was approved as part of a legislative deal that would help the U.S. avoid its “fiscal cliff” problem. The extension ensures that wind energy projects taking root throughout the U.S. will continue to receive the financial support they rely on to take form. Vestas calls extension…

Read More