As part of a package to avoid the US economy falling off the so-called “fiscal cliff”, Congress approved an extension of the wind energy Production Tax Credit (PTC) and Investment Tax Credits (ITC) for community and offshore projects.
It was part of a “tax-extender" package drawn up last summer and included in the fiscal cliff deal, which after days of tense political haggling now just needs the formality of a signature from President Obama.
The
