Press Releases
21 December 2020
Washington D.C. - The American Clean Power Association (ACP) released the following statement today after Congress agreed on COVID-19 omnibus legislation that includes targeted renewable energy initiatives, including a one-year extension of the production tax credit/investment tax credit for land-based wind at 60 percent of their full value, a two-year extension of the investment tax credit for solar at 26 percent, and a 30 percent offshore wind investment tax credit for projects that commence construction from January 1, 2017 through December 31, 2025.