in News Departments > Policy Watch
print the content item

The latest effort to extend the expiring production tax credit (PTC) was defeated on July 12 when S.2237 - the Small Business Jobs and Tax Relief Act - failed to receive enough votes to move forward.

Sens. Michael Bennet, D-Colo., Jerry Moran, R-Kans., and Mark Udall, D-Colo., had filed an amendment to the bill that would have extended the PTC for two years. However, because the bill will not be debated, the amendment will therefore not be considered.

The amendment also would have extended the wind energy investment tax credit - which is crucial for the development of U.S. offshore wind - for two years.


Trachte Inc._id1770
Latest Top Stories

Six Key Takeaways From The IRS' Start Of Construction Guidance: What You Need To Know

The IRS recently issued guidance to wind developers to further spell out what "start of construction" means. Will you be covered?


Eagle Take Permits For Wind Farms - Will They Fly?

Now that the U.S. Fish and Wildlife Service has issued the first permit allowing the legal take of eagles, can wind developers expect more certainty in the agency's application process?


Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.

Canwea_id1984
Renewable NRG_id1934
Tower Conference_id1965