Ernst Young

Wind Rush: US Industry Hurdles Towards A Cliff Without Production Tax Credit

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If the US wind industry were a patient, any doctor would give it a clean bill of health… until the end of 2012. The prognosis for 2013 could be near-terminal as the Production Tax Credit is due to expire at the end of 2012.

“The goal of the tax credit: is the more we build the cheaper it will become. That has been borne out over time,” says Richard Caperton, a senior policy analyst with the energy opportunity team at Center for American Progress. “Wind is a very healthy industry that is viewed as a mainstream investment by utilities. It’s been very effective.” Keep reading →

 /  Published November 14, 2011 at 4:00 PM

Wind Rush: Clean Revolution Changes Global Power Industry Dynamics

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A wind rush is sweeping the world, with record installations planned for this year and next. This June, worldwide wind capacity reached 215 GW, a rise from 17.4 GW in just a decade.

“It’s come a long way in terms of installed capacity, geographic diversity, the maturity of the technology, and the size of the turbines. Growth has been dramatic, with scope for further growth on- and offshore,” says Brian Smith of the National Wind Technology Center at the National Renewable Energy Laboratory, and former chair of the International Energy Agency executive agency on wind. Keep reading →

 /  Published November 14, 2011 at 11:45 AM

Top Five Cleantech IPOs

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Economic conditions have not favored cleantech companies intending to launch Initial Public Offerings on Nasdaq this year. But those that have gone public, and those registered but still waiting in the wings, point to uncertainties in the clean energy industry.

An Ernst & Young’s report, Global IPO Trends 2011, showed that there were 150 companies in the US that had filed S1 forms for their initial public offering this year, the highest level since 2007, which would raise around $40 billion. Small high-tech and energy companies were behind this trend, it said. Keep reading →

 /  Published September 24, 2011 at 10:00 AM
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