Senate Backs Wind, Solar Tax Breaks

Big news for Solar Industry, not just for the Financial Sector Bailout:

THE SENATE overwhelmingly passed legislation last week that would renew and expand tax incentives for wind, solar, and other energy sources as part of a $120 billion, 10-year tax package. Renewable energy firms had long sought the extensions because the current tax breaks terminate at the end of the year.

http://pubs.acs.org/cen/news/86/i39/8639notw7.html


But the solar stocks opened today lower, some breaking new lows, and until the markets stop the current downtrend, keep away from Solar.

But watch it closely...

Labels: Solar Stocks, tax incentives

posted by Ertai at 9:31 AM