The US wind industry is seeking further federal government assistance to overcome “significant” Covid-19 impacts, support the emerging offshore sector and secure funding in any future economic stimulus bill for electrical grid infrastructure upgrades, the CEO of industry body the American Wind Energy Association (AWEA) has said.
Citing tightness in supply of tax equity for wind project investment, Tom Kiernan said the industry wants production tax credits (PTC) refundable in cash, a move it says will more effectively and quickly monetise them.
