Aldelano Corporation
Supply Chain Outsourcing Systems
Manufacturing, Assembly and Contract Packaging Solutions
Aldelano Corporation was present at the Clean Energy Summit held in Las Vegas, Nevada on August 10, 2009 at the UNLV Thomas & Mack Cox Pavillion. Information recapping a summary of the Summit can be found at the following link: http://www.aldelano.com/ncesrecap.htm
Aldelano has a thriving track record of bringing innovative, lean supply chain solutions to Industry and has an extensive history of delivering these solutions “To-Your-Door”. Alternative Energy is a rapidly growing industry and is in need of Operations & Maintenance (O&M) support and assembly solutions, and Aldelano is positioning itself to meet that growth requirement. We are poised to become leaders in quickly establishing “To-Your-Door” O&M support sites throughout the nation, and are seeking partnerships with organizations who are looking to take advantage of the ever-increasing demand to service local markets. Let Aldelano’s assembly and manufacturing experience become a strategic part of your project development pipeline.
Please see the following data as per the 2008 Wind Technologies Market Report
The Policy Landscape Is Now More Favorable to Wind Than At Any Other Time in the Past Decade.
A variety of policy drivers have been important to the expansion of the wind power market in the U.S. Most obviously, the continued availability of the federal PTC (Production Tax Credits) has sustained industry growth. First established by the Energy Policy Act of 1992, the PTC provides a 10-year credit at a level that equaled 2.1¢/kWh in 2008 (adjusted annually for inflation).
A number of other federal policies have also helped support the wind industry in recent years. Wind power property, for example, may be depreciated for tax purposes over an accelerated 5-year period, with bonus depreciation allowed for certain projects, in certain years.
The Energy Policy Act of 2005 created the Clean Renewable Energy Bond (CREB) program, effectively offering interest-free debt to eligible renewable projects
The USDA has provided grants and loan guarantees to certain renewable energy and energy efficiency projects; in 2008, for example, the USDA announced $44 million in grants and loan guarantees, including a number for wind projects. Under the 2008 Farm Bill, USDA funding for such projects is expected to increase in future years.
As a reflection of growing interest in renewable energy, and in recognition
of the negative impacts of the financial crisis on renewable energy investments,
late 2008 and early 2009 brought substantial federal policy changes to the wind
power landscape, increasing dramatically the role of the federal government
in spurring industry growth. Most prominently, the PTC for wind projects was
initially extended for one year (through 2009) in October 2008 (through the
Emergency Economic Stabilization Act of 2008, EESA 2008). Then, in February
2009 (through The American Recovery and Reinvestment Act of 2009, ARRA 2009),
the PTC for wind was extended for another three years (through December 2012).
As a result, the wind industry has stronger and more-durable federal tax support
than at any time over the last decade.
In addition to the extension of the PTC, major federal policy changes established
through ARRA (American Recovery and Reinvestment Act) 2009 (and, to a lesser
extent, EESA (Energy Emergency Stablization Act) 2008) include:
• Option to Elect ITC / Cash Grant: ARRA 2009 allows renewable energy
projects otherwise eligible for the PTC to forego the PTC for a 30% investment
tax credit (ITC) and, for a limited time (e.g., wind projects placed in service
by the end of 2010, or if construction commences by the end of 2010, placed
in service by the end of 2012), allows such projects to instead receive a cash
grant of equivalent value through the Treasury. Bolinger et al. (2009) find
that many wind projects will likely elect the 30% grant option.44
• Removal of Double Dipping Penalty: For projects that take either the
ITC or the cash grant, ARRA 2009 removes the “double dipping” penalty
that formerly reduced the value of the ITC for projects that otherwise received
“subsidized energy financing.”
• Extension of Bonus Depreciation: ARRA 2009 extends the 50% bonus depreciation
schedule, under which projects can depreciate 50% of their depreciable basis
in the first year, to qualified renewable projects completed in 2009.
• Expansion of Loan Guarantee Program: ARRA 2009 expands an existing DOE
loan guarantee program to cover commercial projects, and transmission, and appropriates
$6 billion to implement the program.
• Increased Funding for CREBs: ARRA 2009 adds $1.6 billion in new CREB
funding for projects owned by governmental or tribal entities, as well as municipal
utilities and cooperatives, adding to the $800 million of new CREB funding provided
in EESA 2008.
• New Transmission Encouragement: ARRA 2009 includes targeted provisions
to encourage new transmission, including increased borrowing capacity for WAPA
and BPA for new transmission, increased support for transmission R&D and
analysis at DOE, and expansion of the loan guarantee program to include transmission
investments.
• State Grants Program: ARRA 2009 directs the DOE to provide $3.1 billion
to support an expansion of existing state energy efficiency and renewable energy
programs, some of which will ultimately benefit wind.
• Small Wind ITC: EESA 2008 established a 30% ITC for wind turbines under
100 kW in size, but capped the dollar value of that credit. ARRA 2009 removes
the dollar cap, significantly expanding the value of the ITC for distributed
wind.
• Manufacturing Tax Credit: ARRA 2009 creates a new 30% ITC for manufacturers
of qualified renewable energy and energy efficiency technologies, with an aggregate
spending cap of $2.3 billion.
• Increased R&D Funding: ARRA 2009 provides significant new spending
for renewable energy-related research and development (R&D).
Predictions show market resurgence in 2010 and continuing for the immediate future, as the policies established in the 2009 economic stimulus package come into full swing, and as financing constraints are relieved. From 2010 through 2012, forecasts show annual wind capacity additions that exceed the total additions in 2008, with cumulative wind additions from 2009-2012 predicted to exceed 35,000 MW. With these wind additions from 2009 through 2012, more than 60% of EIA’s projected growth in total U.S. electricity supply over this period would come from new wind plants. Moreover, if predictions hold, the United States and China are likely to vie for top-market status in terms of annual capacity additions from 2009-2012.
The wind industry now has stronger federal policy support than at any time in the last decade, and state policies have become more aggressive.
Wind capacity additions over the past several years, and projected in the near-
to medium-term, puts the U.S. on an early track to meet 20% of the nation’s
electricity demand with wind power by 2030.

