Wind projects face COVID-19 turbulence, equipment imports yet to fall — Panjiva
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Wind projects face COVID-19 turbulence, equipment imports yet to fall

Coronavirus 511 Energy - Renewables 205 Industrials - Capital Goods 620 U.S. 5399

The wind turbine construction industry is starting to face supply chain bottlenecks linked to the coronavirus pandemic. That may put the tax credit eligibility for some projects at risk as wind turbine equipment manufacturing is defined in many countries as “non essential”. Yet, shipments to the U.S. have yet to slow with imports of wind turbine equipment having surged with a 98.3% year over year jump in January and February combined. U.S. seaborne imports of wind turbine gear linked to General Electric and Siemens Gamesa have both improved, rising 77.3% and 21.7% respectively in Q1. Shi...

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