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Abound Solar picks up $12.6 million tax credit

Post Time:Jan 20,2010Classify:Industry NewsView:133

On Jan. 18, Abound Solar Inc. of Loveland, Colo., announced that it would be getting $12.6 million in the form of a tax credit from the U.S. Energy Department, via the American Recovery and Reinvestment Act of 2009 (also known as the economic stimulus program, or ARRA).The credit was reportedly awarded through a competitive selection process that examines how many “green” jobs a firm creates, the cost effectiveness of its operations, the speed at which it implements manufacturing processes, and the overall benefit in terms of greenhouse gas reduction, according to a Jan. 19 Cooler Planet report.

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Source: http://www.glassmagazine.com/news-item/commercial/abound-solar-picks-126-million-tax-creditAuthor:

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