A favorable outcome for wind and other renewable projects, but solar and storage are left out.
Key Points:
..Qualifying wind projects on which construction begins after December 31, 2019 and before January 1, 2021 will be eligible for 60% of the PTC or an 18% ITC.
..Qualifying closed-loop biomass, open-loop biomass, geothermal, landfill gas, municipal solid waste, hydropower, and marine and hydrokinetic energy projects on which construction began after December 31, 2017 and before January 1, 2021 will be eligible for the full PTC or ITC.
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