Stories tagged AWEA

Oct
12
2008

Jobs in the wind
Jobs in the windCourtesy BIGRED_50

Local economies benefit from global crisis

Buying locally not only saves transportation costs, but also puts money into local economies. Wind turbine gearbox manufacturer, Moventas, based in Finland, is going to build components locally. In addition to about 90 jobs and an initial annual payroll of roughly $4 million, the construction of the $9 million dollar facility will mean more employment for Faribault area workers. Faribault Daily News

Iowa benefits, too

In Newton, Iowa, TPI Composites opened a wind turbine blade manufacturing facility that hopes to provide 500 jobs. The Faribault factory hopes to add 30 jobs per year to total 200. Click here to read about more wind energy jobs created.

Bailout package includes renewable energy incentives

The American Wind Energy Association was relieved by the passage of the Economic Stabilization Act.

These tax credits are essential to the continued growth of wind energy, to the economic and energy security of the United States, and to a successful beginning in the fight against global warming.

Solar gains longer term benefits

The Solar Energy Industries Association (SEIA) also was happy to see the legislation extend the 30-percent federal investment tax credit for both residential and commercial solar installations for 8 years.

“This long-term extension of the solar tax credits will create a domestic solar industry with hundreds of thousands of jobs while providing clean, affordable, carbon-free energy to millions of American families, businesses, and communities.” SEIA press release