More good news from the Wind Energy Sector – “More than eight out of 10 US stimulus dollars spent on wind energy farms have gone to foreign companies”

With all the talk of stimulus, job creation and impact on the US economy there’s this, via Industrial Wind Action Group, “The 11 US-based wind farms that received cash grants from the US Treasury have imported 695 of the 982 wind turbines that are to be installed. Since the manufacture of turbines is by far the largest employment generator in wind energy, it is estimated to have created 4,500 jobs overseas – far in excess of the jobs created in the US from these grants.”

Seems, “of the $1.05bn handed out in grants so far – the majority since August – 84 per cent has gone to European companies, with the US subsidiary of Iberdrola Renewables, the Spanish company, taking the largest share.”

As I recall, Pinnacle Knob in Mineral County, WV is specifying Mitsubishi turbines.  Hmmm…

 

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