Law360, New York (January 23, 2012, 5:51 PM ET) -- The end of a federal grant system that doled out billions of dollars to solar energy companies may have been a blow to some players in the industry, but still-remaining tax benefits are proving to be a strong enough lure for rich corporations and private equity firms to invest in solar projects, experts say.
The U.S. Department of the Treasury's 1603 Program grants, which died a well-chronicled death at the end of 2011, paid $9.6 billion to support renewable energy projects over three years.
The grant...
Eyeing Tax Rewards, Big Cos. And PE Firms Back Solar
To view the full article, take a free trial now.
