United States Renewable Energy Fund the amount of up to 3 billion U.S. dollars

U.S. Treasury Department and the Department of Energy recently revealed company plans to apply for renewable energy development fund guidelines, the Fund about the amount of three billion U.S. dollars, estimated to provide immediate tax credit for 1000 of about 5 solar energy, wind power production facilities, etc. . Reported that the next three years will help fund renewable energy production to reach the goal of doubling, but also allows non-governmental enterprises in the tight credit market conditions are still better access to capital.

The report also mentioned that each program is expected to receive 600,000 U.S. dollars of assistance. In addition, regardless of the construction start time for that, as long as 1 January, 2009 to 2010 December 31 during the day to begin production of renewable energy equipment can make an application; and only started in the construction of the above-mentioned period, and then in 2010 to production before the closing date for applications are also applicable. To solar energy as an example, the application deadline for January 1, 2017.

Jul. 12, 2009