US to boost solar manufacturing with tax credits

November 12, 2009 at 12:06 PM Leave a comment

New York, 12 November: US Senators have introduced a bill that would extend the 30% solar investment tax credit (ITC) to equipment and facilities used to manufacture solar technology.

Solar Tax

Currently, the solar ITC can be drawn on for investment in or installation of solar power technology in operation in the US before 1 January 2017. Under the Solar Manufacturing Jobs Creation Act, equipment and facilities used to manufacture solar power technology would become eligible for the solar ITC. These technologies include solar cells, silicon, evacuated tubes and flat-plate solar collectors.

Click HERE to read full article from Environmental Finance Online News


Entry filed under: Climate Change, Energy, US. Tags: , , , , , .

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