Before Year 2020 End, Big Win For US Solar PV Industry
Christmas & New Year Cheer For US Solar PV Industry As Congress Clears $900 Billion COVID-19 Relief Package Extending Solar Investment Tax Credit By 2 Years; Additional Funding For Research & Development
After a long struggle, the US solar PV industry has a reason to cheer this holiday season with the government extending the solar investment tax credit by an additional 2 years. Pictured is the US Congress building in Washington DC.
US Solar ITC Safe Harbor May Get Extended
Bipartisan US Senators Demand Solar ITC Safe Harbor Extension Due To COVID-19; Treasury Department Hints At Rules Modification
The Treasury Department of the US government has responded positively to a request from a group of senators that asked for deadlines for federal Investment Tax Credit (ITC) and Production Tax Credit (PTC) for solar and wind power developers, respectively.
US Solar Industry Loses Fight For 30% ITC Extension
US Federal Government Rejects Solar PV Industry Demand For Extension Of Investment Tax Credit Of 30%; SEIA Calls It ‘Missed Opportunity’ While ACORE Terms It ‘Squandered Opportunity’
Before federal US policymakers close head for their Xmas holidays, the US solar industry had its hopes for an extension of the 30% ITC dashed as Congress did not consider the demand, unlike from the peers of the wind industry..
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