Juhl Wind, Inc.(OTCBB: JUHL), the Leader in Community Wind Power is pleased to announce that on Monday, October 29th at 2:00 PM, the Obama Campaign has benn holding a press conference at the Operations Headquarters of Juhl Wind, Inc. located at 996 190th Avenue in Woodstock, MN.
On Monday, October 29th, former House Minority Leader Matthew Entenza will join Juhl Wind VP of Project Development Corey Juhl, VP of Operations Tyler Juhl and Juhl Wind President John Mitola to stress the importance of the extension of the Renewable Energy Federal Production Tax Credit (PTC) and President Obama's unwavering support of the clean energy sector.
"In my over 25 years in the energy business, I have never seen a more balanced approach to our nation's energy strategy than the Obama administration's," stated John Mitola, President of Juhl Wind. "We are very pleased to welcome Mr. Entenza to the Juhl Wind headquarters to further underscore the need for continued support of Renewable Energy, a critical component of our domestic renewable energy policy and a creator of new domestic job opportunities. We are proud of President Obama's strong ongoing support of the Renewable Energy industry and the need to continue to invest in our clean energy future. For anyone to solely attack the Renewable Energy PTC as a subsidy, they are simply ignoring the hundreds of billions of dollars in subsidies that have been provided to the nuclear, coal, gas and oil industries for decades and continue to this today – and, seemingly are never questioned."
Corey Juhl, Juhl Wind's VP of Project Development added, "We, and several other companies, have argued for Congress to immediately pass legislation to continue the Production Tax Credit for Renewable Energy so we can continue to develop projects that boost the economies of rural America and create real, sustainable jobs."
According to a report published on October 17th, 2012 by the American Wind Energy Association ("AWEA"), 2012 has been a record year for the development of wind power within the United States. The U.S. wind industry has surpassed 50,000 megawatts of electrical power generation capacity, with a total of 4,728 megawatts added this year alone and another 8,430 megawatts in active development throughout 29 states and Puerto Rico.
In addition, AWEA's U.S. Wind Industry Third Quarter 2012 Market Report found that; "the third quarter alone saw the installation of 1,833 megawatts of wind power across 15 states. The top adopter of new installations during the third quarter was Kansas, followed closely behind by Oregon, Texas, Oklahoma, and Nevada. With more than 40,000 wind turbines supplying 51,630 megawatts of renewable energy, the U.S. is now capable of powering some 13 million homes with wind energy alone. That's the equivalent of all of the homes in Michigan, Ohio, Iowa, Colorado, and Nevada."