Congress ended a year of wind industry angst this week by renewing for another year the production tax credit program that has helped sustain the growth of wind energy in the U.S..Read More
U.S. wind energy workers are losing their jobs as factories pare back in apparent response to the potential loss of a tax credit that has bolstered wind development.
Losses include layoffs and planned layoffs at wind manufacturing facilities in Tulsa, Okla., West Fargo, N.D., and in Little Rock, the American Wind Energy Association (AWEA) reports.
In an ominous sign that the world economy is dragging on the wind industry, Denmark-based Vestas Wind announced today that it will lay off more than 2,300 employees as part of a reorganization to keep the company competitive.
The lay off of employees — 1,749 in Europe, 182 in the US and 404 in China and elsewhere — will help the company streamline and reduce its fixed costs by more than 150 million Euro, according to a statement.Read More