Now viewing all posts tagged 1603 cash grants

The Week in Green Energy: Let’s Get Integrated…

What’s the best way to sell high-performance solar-capture technology like solar photovoltaic panels? Buyout your customers, of course! Specifically, buy the project pipelines of cash-starved independent developers that in better economic times would be purchasing� your PV panels. That’s the strategy adopted for the past couple of years by some well-funded solar companies, including thin-film,…

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Exclusive: Senate Considers Tax Refund to Replace Popular 1603 Cash Grants

The Senate is considering replacing the very popular 1603 direct cash grants, scheduled to expire at the end of the year, with a direct payment to renewable energy project developers in the form of a refundable tax credit.

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The Week In Green Energy: Government As A Long-Term Investor

With the clock ticking on key stimulus-funded renewable energy programs, green capitalists are concerned. They are pressing Congress and the Obama administration to extend these funding programs, including the very popular 1603 direct cash grants. Cleantech investors and developers want more than one-time handouts and are asking for long-term government funding.� At stake, they say…

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Guestblog: Will the Recovery Act Section 1603 cash grant be extended beyond 2010 ?

Fred Greguras is a partner in Palo Alto, Calif. at K&L Gates. The 1603 cash grant in lieu of investment tax credit has been a key incentive for both wind and solar project financing since late last year but it expires at the end of the year. Projects must be “under construction” by then to…

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Senators Propose Extending Popular 1603 Direct Cash Grants [UPDATE]

Is one of the most popular — and effective –� clean energy government program set for an extension? It’s looking that way. Yesterday Senators Maria Cantwell (D -Wash.) and Dianne Feinstein (D -Calif.) announced they would� include an amendment in a tax bill that would extend the American Recovery and Reinvestment Act (ARRA) -funded direct…

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