Wind, solar projects race to finish before tax credit expires

A congressional stand-off that has blocked extension of federal tax credits for renewable energy projects is setting off a boom in the wind and solar industries. Developers and customers are racing to install systems by year’s end to qualify for the credits, which can cut the cost of a large commercial system by 30%.

Wind developer EnXco has spent millions to ensure wind farms in Minnesota and California are spinning this year, says CEO Tristan Grimbert. “We will go the extra mile to be on time.”


Randall Swisher, head of the American Wind Energy Association, says 8,000 megawatts of wind energy