The main drivers remain strong for new onshore wind and solar capacities, such as
multi-year federal tax incentives combined with renewable portfolio standards as well as state - level policies for distributed solar PV.
At the end of 2015, Congress passed a budget deal that included a surprise
multi-year extension and phase - down of two key
federal tax incentives for renewable energy — the Production Tax Credit (PTC) and Investment Tax Credit (IT
tax incentives for renewable energy — the Production
Tax Credit (PTC) and Investment Tax Credit (IT
Tax Credit (PTC) and Investment
Tax Credit (IT
Tax Credit (ITC).