Vestas (VWDRY.PK) CEO Ditlev Engel yesterday said the U.S. wind turbine market is expected to...


Vestas (VWDRY.PK) CEO Ditlev Engel yesterday said the U.S. wind turbine market is expected to fall 80% in 2013, due to the looming expiry of the production tax credit (PTC) at the end of 2012. That could endanger the jobs of Vestas' 3,500 U.S. employees. Still, the prospect of the expiry has led to increased business this year.

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Comments (1)
  • Andrew Cherna
    , contributor
    Comments (187) | Send Message
     
    Poor Vestas, it looks like there is no hope for them.
    11 Jun 2012, 12:19 PM Reply Like
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