Page added on January 26, 2010
Federal stimulus money rescued the U.S. wind-power industry from what could have been a disastrous 2009, but it still lost sought-after manufacturing jobs, a trade group reported Tuesday.
Nationwide, the wind-power industry employs about 85,000 people
Early last year, the association had expected wind-power development to drop 50% in year-end levels compared with 2008, given the dearth of financing for wind-farm projects.
But 2009 federal stimulus dollars, about $2.2 billion for dozens of wind projects and wind turbine-component manufacturers, softened the recession’s impact. “The stimulus was a real spur to development,” she says. “We saved half an industry.”
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