In results reported by the American Wind Energy Association on October 17, the U.S. wind industry saw installations rise 40% during the first three quarters of 2012 compared to the first three quarters of 2011. The third quarter posted a 52% increase compared to the same quarter in 2011. At least 40 utilities have projects currently online through the third quarter of 2012.
Observers expected strong numbers in 2012, as industry participants race to complete projects in time to qualify for the federal wind production tax credit, due to expire at the end of the year unless political support for an extension materializes in the post-election lame-duck session of Congress.
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