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USA Alternative Energy REITs: Sector Focus
Monday, 29 September 2014 03:38

Alternative Energies: the renewables industry is hoping to persuade the IRS to classify solar farms / the photovoltaic power industry as a type of “real property” so that they can obtain REIT tax status & thus reduce the costs associated with solar (and other renewable) energies by approx 20%, which will help it attract the estimated USD$6.9bn needed. It is estimated that such REITs would significantly reduce the financing cost for solar energy projects & the overall cost of solar electricity, bringing the industry closer to subsidy independence.

Last Updated on Tuesday, 04 August 2015 11:11