By Ben Geman - 05/08/12 03:33 PM EDT
The American Wind Energy Association, a trade group, warned in April that with the expiration looming, “the supply chain is feeling the uncertainty, and layoffs have now begun.”
While wind power has bipartisan support — Midwest and Great Plains Republicans are particular fans — extension of the credit this year is uncertain amid election-season political battles over green energy and other factors.
Separately, the 2009 stimulus provided $2.3 billion worth of credits for manufacturing equipment such as solar panel components, “smart” electric meters, fuel cell components and wind turbines.
Applications for the 30 percent credit far outstripped the $2.3 billion cap, but several congressional efforts to add billions of dollars to the cap have sputtered.