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US citizens are due to vote in the presidential election on 3rd November. For the renewables industry, the choice couldn’t be starker.

New wind power infrastructure will see a near-record year of growth in 2020, as sponsors are lining up as much as 14GW of new projects to start operation ahead of the end-of-year deadline to qualify for the full federal PTC.

While a number of actions of the Trump administration have had a direct impact on renewables – most notably the 30% tariff imposed on imported solar panels in 2017 – most of the actions have been directed at making it tougher for renewables to compete against fossil fuels.

The five-year extension of a key production tax credit in President Obama’s second term took the US wind industry by surprise. Never before had firms enjoyed such long-term clarity when making their investment decisions.

The team at Greentech Capital Advisors shares key views on the future of the US wind market as it transitions through the Production Tax Credit (PTC) ramp-down phase. Greentech will be sponsoring our Financing Wind North America conference on May 12th-14th 2020 in Boston, Massachusetts.