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United States

Back to financing fundamentals

A new reality is spreading through the US wind market in the wake of the financial crisis. Inflated project valuations and ever riskier investments have stopped, to be replaced by a healthier approach. Barack Obama's stimulus package is providing stopgap stability, but needed next is legislation to wean the industry off its reliance on tax credits and propel it into the adult ranks of the power generation business. There are signs of light at the end of the tunnel.

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