We’ve seen it happen in the past when times get tough – politicians, desperate to keep funding for critical government programs, consider raiding existing set-asides for renewable energy.
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We’ve seen it happen in the past when times get tough – politicians, desperate to keep funding for critical government programs, consider raiding existing set-asides for renewable energy.
Topics: Solar PV, Clean Energy grants, Section 1603
With last night’s tax bill passage by the House, the renewable energy industry has been given a wonderful holiday gift. But this toy’s battery only lasts one year and you might not be able to replace it.
Topics: Solar PV, Federal Grants, renewable grants, Section 1603, Renewable Energy
Labor Day typically marks the time when our year-end project installation schedule becomes more clear. Our corporate customers, often operating on a fiscal-calendar year for budgeting, also exhibit end-of-year psychology and “get it done by year end” becomes a priority. Normal product lead times, procurement contracts, permits, and even potential interruptions from winter weather means by Labor Day our construction year is pretty much set.
This year many cleantech project developers have even more tension leading up to their 2011 New Year’s party planning. With Section 1603, the US Federal program for renewable Grants in Lieu of an Investment Tax Credit (ITC), set to expire at the end of 2010, projects which are not at least 5% underway by year end will miss the proverbial party.
Topics: Grant in Lieu of Investment Tax Credit, Solar PV, Power Purchase Agreement, Clean Energy grants, Section 1603, Renewable Energy
