DALLAS,
Texas - TwinTrader.com announces the publication of ‘Senate Finally Passes Energy Tax
Bill; Suntech Power, First Solar & SunPower to Benefit’
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Senate Finally Passes
Energy Tax Bill; Suntech Power, First Solar & SunPower to Benefit
”The long awaited energy tax legislation passed
the Senate by a 93-2 vote as part of a tax bill worth more than $100
billion. The energy tax measure, pegged
at $17 billion, comes after nearly a year of haggling over portions of the bill
among some congressional members who insisted all provisions have offsetting
equivalent revenue...
” ‘It is the most significant legislation ever introduced in Congress for
solar,’ said Rhone Resch,
president of the Solar Energy Industries Association (SEIA). ‘It will provide a
stable market for businesses to grow over the next 10 years.’...
”After failing eight times, the proposed energy legislation is seen as a boon
to the nation’s employment in the coming years. According to a study commissioned by the SEIA, companies such as
First Solar Inc. (FSLR), Suntech Power Holdings Co. Ltd. (STP), SunPower Corp.
(SPWR) and other benefiting companies would create approximately 441,000 jobs
and provide $232 billion in spending into the U.S. economy by 2016…”
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Scott
Sanchez, (214)-317-5947
scott@twintrader.com