Now in late-stage development, the construction schedule for Nazareth Solar in Swisher County is unclear. It would need to enter commercial operation by the end of 2016 to qualify for the federal 30% investment tax credit. After then, the ITC will drop down to 10% unless Congress were to extend it.
Chicago-based Lincoln is not commenting on the project’s status at this time, Wendy Prabhu, who handles the account for public relations firm Mercom Capital Group in the state capital Austin, tells Recharge.
