W/O PTC, WIND READER NRG MOVES TO NETHERLANDS

NRG to develop overseas distribution

James Quilter, 15 August 2012 (Windpower Monthly)

“U.S. Wind measurement specialist NRG Systems is opening a distribution centre in the Netherlands as it seeks to build its overseas presence…[The new centre will] allow the company to better serve markets in Europe, the Middle East and Africa…[T]he company is also launching a warehouse in South Africa.”

[John Norton, COO, NRG:] "Wind is a growing source of energy in many regions of the world for its low-cost and environmental attributes that rival any other source. Now, our customers in these regions can enjoy shorter lead times and convenient service wherever their project may be."

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“In May, NRG announced the first job cuts in its 30-year history, blaming the federal government's failure to extend the US production tax credit…[for] letting go 18 employees…With the expiry of the PTC, US manufacturers are increasingly looking to overseas markets.

“In 2009, the US accounted for 90% of new installations in the Americas and Canada for 9%. But…[by 2016, the] US will account for just 41% of the market, Canada for 27%, Brazil for 19%, and Mexico for 13%.”

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