Mitsubishi US turbine plant depends on legal issues

Mitsubishi Heavy Industries' (MHI) plans to open its first wind turbine factory in the US are dependent on the government renewing a critical subsidy and the outcome of legal battles there.

In 2009, the Japanese company revealed plans for a $100m nacelle manufacturing plant in Arkansas to support demand in its main market. It was scheduled to have opened earlier this year.

However, turbine sales are certain to plummet if Washington does not renew the production tax credit (PTC), which is due to expire at the end of the year.

“We need a market to operate our factory. Right now, the market is not so good. We have a site but cannot operate it,” says Yoshinori Ueda, assistant general manager of MHI’s wind Log in to read complete article.

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