Vestas wins US repowering order as older wind farms upgrade with climate law tax credits - Recharge
Vestas wins US repowering order as older wind farms upgrade with climate law tax credits | Recharge
Vestas has received a 158MW order to repower three undisclosed US projects, boosting its activity in a segment of the wind market set to grow as owners look to benefit from federal tax credits in the 2022 climate law.
Vestas wins US repowering order as older wind farms upgrade with climate law tax credits
After several slow years, the US turbine repowering market is set to rebound after passage of the landmark 2022 Inflation Reduction Act
23 August 2023 15:41 GMT Updated 23 August 2023 16:15 GMT
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Related Knowledge Center: Climate legislation
The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.