Analyst: States' drive for renewables growth is waning

06/20/2013 | Reuters

The state-level drive to promote renewables is mostly on the wane, thanks in part to the stop-start nature of the wind energy Production Tax Credit, ongoing legal challenges and oversupply in many of the state standards, according to market analyst Gerard Wynn. States that continue to strengthen their renewable portfolio standards will drive industry growth over the next 20 years, but at a slower pace than in recent years, Wynn states, citing data from the U.S. Partnership for Renewable Energy Finance.

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