GE's $1bn turbine snag on PTC

General Electric is sitting on wind turbine orders valued at more than $1bn as certain developers wait for further US Treasury clarification on eligibility criteria for the industry’s main federal tax incentive.

GE chief executive Jeff Immelt
GE chief executive Jeff Immelt
Published 18 July 2014, 19:23Updated 27 September 2016, 06:00