Signs of Impact
Project numbers and developer feedback indicate that the economic stimulus package is on the right path to bolster activity within the wind industry.
by Kathy Belyeu, AWEA
Washington, D.C. United States [RenewableEnergyWorld.com]
On July 9, the U.S. Treasury Department and U.S. Department of Energy released the guidance for how wind farm developers can access cash grants in lieu of the investment tax credit. The grants, which were part of the American Reinvestment and Recovery Act (ARRA, also known as the stimulus bill), are expected to help get wind projects built while capital markets remain difficult. The program began accepting applications at the end of July.
Visit this link for the article: http://www.renewableenergyworld.com/rea/news/article/2009/08/signs-of-impact?cmpid=WNL-Wednesday-September2-2009
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