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
