Tag Archives: LM Wind Power

LM Wind Power calls on the Indian government to continue the Generation Based Incentive

Leading components supplier to the wind industry, LM Wind Power, today requested the Indian Government, Ministry of New and Renewable Energy, to re-instate the Generation Based Incentive (GBI) and Accelerated Depreciation Benefits (AD) for the wind energy sector. These measures encourage long-term investment in the wind energy industry which has become one of the key … Continue reading LM Wind Power calls on the Indian government to continue the Generation Based Incentive

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LM Wind Power announces expansion in Brazil

The wind energy development in the northeast of Brazil is predicted to contribute to the generation of 1,500 direct jobs with an overall investment of 100 million reais. LM Wind Power will join companies such as the Argentine turbine manufacturer IMPSA, tower manufacturer RM Wind and Iraeta, a company that produces flanges which also has … Continue reading LM Wind Power announces expansion in Brazil

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LM Wind Power to cut 345 jobs, blames lack of political support

The American Wind Energy Association said the layoffs are among thousands expected as a result of the Production Tax Credit’s expiration. In just over one month, wind power manufacturers in the U.S. have announced layoffs of more than 1,130 workers around the country. The layoffs come in states such as Colorado, Florida, and Iowa that … Continue reading LM Wind Power to cut 345 jobs, blames lack of political support

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