An article from investment research firm Morningstar reports some of the details:

“The bill extends production tax credits for wind energy projects for one year, and for geothermal, biomass, and other renewable sources for two years. 

The solar energy industry won an eight-year extension of the investment tax credit for commercial and utility-scale solar projects, and an eight-year extension of tax credits for residential solar power installations.”

Passage of these incentives is good news for alternative energy advocates who feared the expiration of these credits might harm fledgling wind and solar businesses and initiatives.

Last month, David Gorn reported a story for Climate Watch about what’s going on with large-scale solar installations in California as the state pushes to meet a plan requiring that 1/3 of California’s energy come from renewable sources.  

 Stay tuned for Monday’s radio report on Quest exploring California’s Proposition 7, which would require more wind and solar energy use in the state.

You can read more about of the current situation in a piece by Ben Gemen at E&E Daily, but to access the article directly, you must be a subscriber.  For the rest of us, Climate Progess has posted the story here.