Extension of PTC and ITC Could Bring Some Renewable Energy Projects Back from the Dead

SUGAR LAND--January 15, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The recent extension of the federal Production Tax Credit (PTC) and Investment Tax Credit (ITC) will give renewable energy developers additional time to negotiate power purchase agreements, order equipment and line up financing. That's good news, because there's a full pipeline of active projects scheduled to kick off over the next few years. But the extension of those tax credits may be even more warmly welcomed by developers who have had their projects cancelled or placed on hold. The availability of tax credits through 2020 would enhance the economic viability of many projects, and could bring some back from the dead. Within this article: Provides details on Industrial Info's 2016 Industrial Market & Networking Event in Houston, January 19th.