The US Partnership for Renewable Energy Finance calculated that more than $24bn of wind, solar, geothermal, biomass and transmission projects slated to proceed in 2011 would be stymied without the TGP extension. The industry has been lobbying for an extension since January, but ramped up efforts substantially in recent weeks.. "We made an all-out blitz to emphasise how important it was that this programme continue," says Rhone Resch, chief executive of the Solar Energy Industries Association..
Support set to survive as bill passes Senate
The most important financial support for US renewable-energy project development has been extended in a tax-cuts bill that looked likely to be approved by Congress as Recharge went to press.. A one-year extension to the Treasury Grant Program (TGP) was added to the tax-extenders bill in the Senate and gained solid bipartisan support. It passed on a vote of 81-19..
16 December 2010 23:00 GMT
Updated
25 November 2012 14:52 GMT
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