15 Dec '11, 9am

Going Bust Amid a Boom: US Solar Installations Soar as Growing Businesses Fall by the Wayside

Going Bust Amid a Boom: US Solar Installations Soar as Growing Businesses Fall by the Wayside

Key to supporting development of young solar power industry businesses in the US has been the US Treasury Section 1603 program, in which cash grants of up to 30% are awarded to companies investing in clean energy projects in lieu of taking investment tax credits over a period of years. The program is due to expire Dec. 31, which has prompted a coalition made up of more than 750 clean energy companies, small businesses, environmental groups and other organizations to send Congress a letter urging legislators to extend it for another year.

Full article: http://cleantechnica.com/2011/12/15/going-bust-amid-a-boo...

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