Solar Leader Applauds Passage of Renewable Investment Tax Credits

Kevin Swartz, President of Solel Solar Systems' U.S. subsidiary Solel USA, made the following statement today regarding the passage of the historic $700 billion bailout and its provision for the eight-year extension of investment tax credits for solar power:

Oct 6th, 2008

Kevin Swartz, President of Solel Solar Systems' U.S. subsidiary Solel USA, made the following statement today regarding the passage of the historic $700 billion bailout and its provision for the eight-year extension of investment tax credits for solar power:

The energy tax credits contained in the financial rescue package passed by Congress today include a one-year extension of the refined coal tax credit – an important incentive as well as endorsement of Evergreen Energy Inc.'s technology as a realistic, real-time component of U.S. energy policy.

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