trending Market Intelligence /marketintelligence/en/news-insights/trending/_SpY_Mpszs6eH9M47qb2GQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

EDF locks up turbines for construction of more than 3,000 MW of US wind capacity

Blog

COVID-19 Impact & Recovery: Energy Outlook for H2 2021

Blog

US utility commissioners: Who they are and how they impact regulation

Video

Climate Credit Analytics: Linking climate scenarios to financial impacts

Blog

Essential Energy Insights, April 2021


EDF locks up turbines for construction of more than 3,000 MW of US wind capacity

EDF Group subsidiary EDF Renewable Energy has signed turbine supply agreements for the construction of more than 3,000 MW of planned wind projects, the company said in a Jan. 30 news release.

The deals with turbine manufacturers Vestas Wind Systems A/S, General Electric Co. and Siemens Corp. put EDF in line to capitalize on the requirements of the federal production tax credit during the 2017 to 2020 period, the company said.

"The North American market is very strong and our development plan for 2017-2020 expects to capitalize on the positive momentum to support jobs in the wind sector and incremental revenues to farmers that host our projects and provide cost-competitive energy to consumers and businesses," said Tristan Grimbert, president and CEO for EDF EN North America.

The company said it also expects to qualify 500 MW of renewable capacity in its strategic repowering process for the production tax credit.