in News Departments > New & Noteworthy
print the content item

On Jan. 30, the Senate Finance Committee voted 14-7 in favor of an economic stimulus plan authored by Chairman Max Baucus, D-Mont., that includes an extension and modification of credit for the production of electricity from renewable resources. The proposed extension is for one year.

The Baucus legislation, which is slated for immediate consideration by the full Senate, would boost the U.S. economy with tax rebates for filers.

In a statement commending the proposed tax credit extension, Randall Swisher, executive director of the American Wind Energy Association, urged the Senate to move quickly to adopt the Finance Committee stimulus package

"Rapid action is pivotal if wind, solar and other renewable energy industries are to continue to grow, attract large-scale manufacturing investment and create jobs for Americans across the country," says Swisher.


Advertisement

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015