Spending and Tax Deal Brings ITC and PTC Extensions

Sahir Surmeli for National Law Review:  Early Wednesday morning Congressional leaders reached agreement on a year-end spending and massive tax deal that would prevent a government shutdown and extend a series of tax breaks that benefit businesses and individuals. The agreement has major implications for the future of the energy industry and is being hailed by many as a dramatic victory for those in the renewable energy community.  The Investment Tax Credit (ITC), which was slated to drop to 10 percent from 30 percent for solar systems on commercial properties after 2016, would now remain at 30 percent for projects that start construction by December 31, 2019. Projects that start construction in 2020 would qualify for a 26 percent credit and that level would drop to 22 percent for facilities started in 2021. From 2022 on it would remain at 10 percent.   Cont'd...

SEPA REPORT PROVIDES NEW DETAIL ON STATE-LEVEL SOLAR PRICE QUOTES

Prices cluster around $3-$4 per watt for residential, $2-$3 for nonresidential and utility-scale

SOLAR PROMOTION GMBH BOLSTERS MANAGEMENT TEAM WITH THE ADDITION OF DR. FLORIAN WESSENDORF

New management structure promotes the internationalization of Intersolar exhibitions and strengthens the Conference Program worldwide

Big commercial solar roofs and solar farms officially cut out of Renewables Obligation support scheme

Renewables Obligation support will close to all solar as of next April ---- Concerns remain over removal of critical 'grandfathering' guarantee

Government heeds national backing for solar and improves on Feed-in Tariff proposal

Industry consolidation likely but solar can still be a reasonable investment --- Serious concerns remain about whether cost-control mechanism will work for market --- Following Paris agreement, Government must introduce other measures to boost solar power

CGE Energy Commends Congress' Bipartisan Solar and Wind Investment Tax Credit Extensions

CGE Energy has made energy projects possible for commercial and non-profit facilities, without having to rely on government stimulus.

Solar Frontier Selected for O2 emc's 4 MW Solar Project In North Carolina

The Tolson solar project will be one of the first tracking installations with CIS thin-film solar modules in the state.

Infocast's Wind Power Finance & Investment Summit 2016 Blows into San Diego February 2016

The Leading Networking and Dealmaking Event of the Year for the Wind Industry

First Renewable Energy Projects Installed by Onyx Renewable Partners on U.S. Military Bases as Part of Strategic Alliance with Corvias Solutions

Financing for Projects Secured from RBC Capital Markets

UC Santa Barbara Partners with SunPower to Bring 5.2-Megawatts of Solar Power to Campus

"UCSB is renowned for programs to protect the environment and promote sustainability"

SEIA Commends Congressional Leaders for Including ITC Extension in Omnibus Bill

"We commend members of Congress in both parties for taking this bold step and we look forward to delivering on the promise that this policy now offers all Americans for clean, affordable and reliable energy."

ASUR, in Conjunction with SunPower, Plans Solar Project to Power Its Airports in Mexico

- ASUR will buy power generated by the plant

Solar Farm Developer of Utility Scale Projects Plans Expansion

The solar farm industry is experiencing dramatic growth and ISS has plans to be a dominant player.

Boralex: Exclusivity agreement to acquire a portfolio of approximately 350 MW of wind power in France

Invenergy Completes Sale of 832 MW of Wind Power to TerraForm Power

Company to reinvest transaction proceeds into its industry-leading development pipeline ---- Invenergy retaining minority ownership, O&M provider role for U.S. projects

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