Industry Analysis & Industry Trends
Wind turbine installation is one part of the multi-year process of creating a wind farm. As such, this industry's revenue is dependent on how much wind power capacity is added in a given year, making revenue highly volatile from year to year. Over the past five years, industry revenue has increased significantly as companies have pushed to complete projects before the federal production tax credit's 2012 expiration. A lack of projects slated for the near term will cause revenue to slump, though long-term offshore projects are on the horizon.... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry for the Wind Turbine Installation are moderate and increasing. Installers of large-scale wind farms face much higher barriers, largely due to the size of the turbines and the logistics associated with their transportation and installation. Small-turbine installers face lower barriers as the logistics are removed from the installation process. Small turbines typically have rotor diameters of 20 feet versus large turbines that are generally more than 200 feet in diameter.
Certification and licensing requirements vary by state and there is currently no federal standard. Large turbine installers usually have a background of other forms of electrical installation and transmission construction, but require no official certification... purchase to read more