A new report just released by the Solar Energy Industry Association (SEIA) shows that extending the Treasury Grant Program (TGP) by two years, combined with new tax breaks for equipment manufacturers, would increase investement in the solar industry by $48 billion, creating 207,000 additional jobs by 2016.
The TGP is part of the US stimulus package of early 2009. It gives solar project owners a cash grant in lieu of a tax credit.The program is set to expire in December if not extended.