US wind power is slowly making a comeback

Prospects are improving thanks to new tax credits and stronger demand, and as developers work to overcome a cloud of challenges. — Bloomberg

NEW YORK: After hitting its lowest point in almost a decade last year, the US onshore-wind sector is slowly spinning back to life.

Prospects are improving thanks to new tax credits and stronger demand – and as developers work to overcome a cloud of challenges including inflation, higher borrowing costs and supply-chain kinks.