SOURCE: Industrial Info Resources

May 02, 2007 08:03 ET

Record U.S. Windfarm Installations Hit the Market in 2007 and 2008

SUGAR LAND, TX -- (MARKET WIRE) -- May 2, 2007 --Researched by Industrial Info Resources (Sugar Land, Texas). Thanks to a second Congressional extension of the wind energy production tax credit (PTC) through December 31, 2008, developers and manufacturers are moving forward unimpeded, driving spending in 2007 and 2008 at a record pace with installations expected to total over 3,400 megawatts (MW) in 2007 and 4,000 MW in 2008 in the U.S.

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