Recent documents released from the IRS and the U.S. Department of Treasury show increased scrutiny on Treasury’s 1603 Cash Grants in Lieu of Energy Tax Credits program. The program has awarded a significant amount of money to renewable energy project owners. From September 1, 2009 through September 9, 2011, the 1603 program issued around $9 billion to 20,000 projects. This large government expenditure has put an equally large responsibility on the Treasury department to ensure the funds are used correctly.Read More »Guest Blogger, David Feldman of NREL, Discusses Treasury Scrutiny of Section 1603 Applications and Grants