In December 2015, the U.S. Congress extending the Production Tax Credit for wind to 2019 and the Investment Tax Credit for solar to 2022.
The package could produce about $73 billion in incremental wind and solar investment and 37 gigawatts of new wind and solar capacity — a 56% boost to the industry — over the 2016-21 period, according to Bloomberg New Energy Finance estimates. Details on the extended residential renewable energy tax credits are here.
The package could produce about $73 billion in incremental wind and solar investment and 37 gigawatts of new wind and solar capacity — a 56% boost to the industry — over the 2016-21 period, according to Bloomberg New Energy Finance estimates. Details on the extended residential renewable energy tax credits are here.
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