25 Sep '13, 6pm

Is It Time To Fix the Solar ITC?

Is It Time To Fix the Solar ITC?

We're entering a period where a lot of new utility-scale solar capacity is coming online and under construction . And now there's a new industry push to ease the way for future large-scale projects to get into the pipeline. The Solar Energy Industries Association (SEIA) is issuing a call for action to support new legislation that would address language in the solar ITC to make it more friendly to future utility-scale solar projects: change the requirement from being "placed in service" to being "under construction," as was done in the most recent extension of the production tax credit . There are actually two pieces of legislation, House Resolutions 2502 and 3017 , addressing this issue from both sides of the aisle, but they both agree on changing the ITC language to beginning construction rather than service. (Interestingly, the Republican bill tacks on a rider addressing...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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