Gamesa Freezes Work on Offshore Wind Turbine Prototype: U.S. Market, Uncertainty of Tax Credit and Regulatory Conditions Bring Halt to Project.

In 2010, both companies saw the future of offshore wind as promising, with the commercial market just a few short years away. However, an analysis of current conditions indicates that a viable commercial market in the United States is still farther out, as much as three or four years away, at the earliest.

URL: http://www.green-energy-news.com/nwslnks/clips512/may12012.html