Obama's Budget Would Extend Treasury Grants for Wind, Solar

Bloomberg

President Barack Obama’s proposed budget would renew and extend a subsidy for renewable-energy projects that helps pay for as much as 30 percent of development costs, according to a solar lobbying group.

The 2013 budget released today would restore U.S. Treasury Department grants that expired in December, a benefit that may add as many as 37,000 solar jobs, Rhone Resch, president of the Solar Energy Industries Association, said in a statement today.