Extension Of Treasury Cash-Grant Program Signed Into Law

President Barack Obama has signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, the compromise tax bill that includes a one-year extension of the U.S. Department of Treasury's Section 1603 cash-grant program for renewable energy developers.

The legislation was approved by the House and Senate earlier this week.

For an in-depth analysis of how the extension of the Section 1603 program will affect solar project finance, click here.

SOURCE: White House

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