American Recovery and Reinvestment Act: Reigniting Near-Term Renewable Project Development While Seeding Longer-Term Growth, The

Publication Date	March 2009
Publisher	IDC
Product Type	Report
Pages	13
ISBN Number	not applicable
Product Code	IDC07280

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Summary

This Energy Insights Perspective explores the American Recovery and Reinvestment Act (ARRA) of 2009 and its ramifications for the renewable energy (RE) industry. It provides an in-depth analysis of the particular aspects of the bill that we believe will have the greatest impact on the segment's future growth prospects. Areas of focus include changes to the rules governing tax equity project finance, the newly legislated cash grants now available to investors in lieu of the investment tax credit (ITC), and the new loan guarantee program earmarked for renewable energy and electric transmission projects. We conclude with our assessment of the industry's outlook following ARRA's enactment.

Content

In This Perspective
- Situation Overview
- Table: Selected Elements of ARRA Relevant to Renewable Energy Development
- Changes to Tax Equity: Laying the Foundation for Longer-Term Growth
- Table: Factors Informing ITC Versus PTC Election
- New Cash Grants: A Vital Bridge to Near-Term Development
  - Energy Insights' Take
- Loan Guarantees: An Enabling Debt Finance Solution
  - Energy Insights' Take
- Looking Ahead: A Post-ARRA Brave New World?
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