The Energy 202: Trump administration signals help coming for solar and wind energy amid pandemic :
5,030  members and growing...
  
  • pic1
  • pic2
  • pic3
  • pic4
  • pic4
  • pic4
  • pic4
  • pic4
   
News

The Energy 202: Trump administration signals help coming for solar and wind energy amid pandemic :

.


The Trump administration is signaling it is about to offer a lifeline to solar and wind projects battered by the coronavirus pandemic.

In a letter sent to senators Thursday, the Treasury Department said it is considering ways to let solar, wind and other alternative energy developers continue to qualify for tax incentives critical for paying for the building of wind turbines and solar panel arrays – even if construction is put on hold.

The decision is a coup for businesses trying to move the country toward cleaner energy but were facing potential delays in construction and funding due to the coronavirus pandemic. Until now, there was no specific help given to alternative energy companies in the country's economic relief efforts even as President Trump and his administration search for ways to help struggling oil and gas companies.

The data is compiled from : www.washingtonpost.com



For More Details, Please Read: https://www.washingtonpost.com/news/powerpost/paloma/the-energy-202/2020/05/08/the-energy-202-trump-administration-signals-help-coming-for-solar-and-wind-energy-amid-pan