Solar Tax Credit to Spur $40 Billion in U.S. Investment by 2020

  • Solar energy capacity will nearly match nuclear power fleet
  • Employment in solar industry will more than double to 420,000

A federal tax credit approved by Congress on Friday will attract $40 billion in solar investments over the next four years and more than double the number of jobs in the industry to 420,000, according to the Solar Energy Industries Association.

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