Renewable Energy Treasury Grant

On July 9, 2009, the U.S. Treasury Dept. released the terms and conditions for making grants under Sec. 1603 of the American Recovery and Reinvestment Act of 2009 to owners and developers of renewable energy projects. The grant can be collected in lieu of a production tax credit or an energy tax credit available under section 45 and section 48 of the Internal Revenue Code. For more information please contact eGEN Solar at www.eGenSolar.com or Robert Cassandro at www.AbelowCassandro.com.