Vestas 'Pleased' US Tax Bill Retains PTC Phase-out
"We are pleased that the approved tax bill retains the PTC phase-out," Vestas said, adding it expected the bill would "enable the further growth of the wind energy industry."
The final U.S. tax bill retains the production and investment tax credits for wind and solar energy that have spurred investment in these industries. It also eliminates the alternative minimum tax, which would have reduced the value of those credits.