Wind Credits Giving Way to Direct Financial Aid
Wind developers have in the past relied on wind energy income tax credits to attract capital investment in their projects. But those credits require taxable income to remain usable. In the current economic times, investors with taxable income are harder to come by.
Some wind developers are now looking at whether the direct monetary aid contained in the American Reinvestment and Recovery Act might be accessible as reported in Wobbly wind sector sets sights on stimulus.
