NewEnergyNews: W/O PTC, WIND READER NRG MOVES TO NETHERLANDS

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    Friday, August 17, 2012

    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."

    “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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