Tax Credit Bill Brightens Large-Scale Solar's Future

Law360, New York (February 10, 2014, 5:25 PM EST) -- The bipartisan U.S. Senate bill floated last week allowing solar energy projects to collect the federal investment tax credit as long as construction starts before the credit expires in 2017 would provide a much-needed extension for large-scale solar developers heavily reliant on the subsidy and allow far more projects to qualify for it, attorneys say.

Under the current rules, solar projects must be placed in service by the end of 2016 in order to qualify for the investment tax credit, or ITC, which provides an incentive...
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