Feds give $75M to green energy
Companies working on “green energy” projects in Colorado have received a total of about $75 million in tax credits through the American Recovery Act, according to Gov. Bill Ritter’s staff.
Vestas Wind Systems was awarded about $51 million in tax credits announced Friday. The Danish wind-turbine maker will get tax credits for two blade manufacturing plants in Brighton and a Pueblo plant that makes towers for the turbines. Abound Solar, whose production facility is in the Del Camino area east of Longmont, has secured $12.6 million in federal tax credits to add another manufacturing line.
Hexcel Corp. will use its roughly $8 million award for a wind-blade making plant in Windsor.Other projects and the credits are: Advanced Energy Industries Inc., $1.2 million, Fort Collins, solar inverters; Coolerado Corp., Denver, $750,000, air conditioning units; ReflecTech Inc., $750,000, Arvada, solar technology.