August 30 (SeeNews) - The Oregon Department of Energy last week announced the availability of a total USD 2 million (EUR 1.8m) of tax credits for renewable thermal projects.
Projects that use solar, biomass or geothermal energy directly, without converting the renewable resource into electricity are eligible to apply.
The energy conservation incentive is aimed at businesses, organisations, public bodies, nonprofits and tribes. They can get a tax credit of up to 35% of the project costs. Applicants may also opt to request a tax credit of below 35% to make their projects more competitive.
Applications are due by October 3.
(USD 1.0 = EUR 0.909)