“Extension of the production tax credit, as well as the recent clarification of federal guidelines for receiving the credit, is giving a nice lift to the wind tower industry. Our current backlog provides us some visibility into 2014,” Senior Vice President Bill McWhirter told analysts on a conference call.
Developers can qualify for the incentive if they begin construction of a wind project this year, a notable change from previous years when eligibility was linked to having completed it.
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