Under the new tax policy that has passed this year in California (SB71), clean energy companies are awarded with tax deduction as an encouragement to the renewable energy sector development. The tax breaks take the form of sales and use of tax exemptions for businesses that benefit the environment.

Under the new tax policy that has passed this year in California (SB71), clean energy companies are awarded with tax deduction as an encouragement to the renewable energy sector development. The tax breaks take the form of sales and use of tax exemptions for businesses that benefit the environment.