SOURCE: Industrial Info Resources

Industrial Info Resources

June 12, 2015 06:00 ET

Siemens Project Pipeline, New Technology, Positions It for Success in Post-PTC Future, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jun 12, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- Siemens AG's (Munich, Germany) U.S. wind-power business is gusting, propelled in large part by developers eager to build projects that are eligible for federal Production Tax Credits (PTCs). Those PTCs are worth about 2.2 cents per kilowatt-hour of electricity generated for a period of 10 years, assuming the projects are operating by yearend 2016. Industrial Info is tracking 31 U.S. windfarm projects valued at $8.36 billion that are under construction.

Within this article: Update on Siemens AG's U.S. wind-power business.

Additional companies: Berkshire Hathaway Incorporated (NYSE:BRKA), NextEra Energy Incorporated (NYSE:NEE), ALLETE Incorporated (NYSE:ALE)

For details, view the entire article by subscribing to Industrial Info's Premium Industry News, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact Information

  • Contact:
    William Ploch
    713-783-5147