The Senate May Kill 42 GW of Planned Renewable Energy | EcoGeek | Energy, Bill, New, Oil, Subsidies
The largest planned solar power project in history, a 280-megawatt solar thermal plant in Arizona, will not be built if the tax credits are not extended. But that’s not where the story ends. Over 42,000 MW — that’s as much as 75 coal-fired power plants — are hinging on this bill. Those projects, representing the largest yearly growth in U.S. solar EVER, will go online in 42 states only if the subsidies stay in place.