(Solar, wind cash grant extension story, updated for House letter)WASHINGTON D.C. ( TheStreet) -- As President Obama's massive tax cut plan reaches its final stage of negotiations, renewable energy, one of the President's hallmark items, has found some Congressional backers willing to make a last-minute push for inclusion. The cash grant program which is the key item for solar and wind projects, in particular, was rumored to be gaining support on Thursday afternoon. Both the solar and wind industry took a hit when the year-long lobbying effort to convince Congress to extend the cash-grant program for renewable energy projects looked likely to be a loser, not making it into the tax package revealed by Capitol Hill and the White House on Tuesday. The solar and wind industries weren't giving up the fight for good, even when announcing the discouraging news on Tuesday, and were reduced to fighting for legislative space as an "extender" item. As previously detailed on TheStreet, the cash grant program is big business for the solar and wind industries. It wasn't just the solar and wind industries trade groups pleading for a last gasp inclusion in the tax cut package, but the National Venture Capital Association, as well as progressive think tanks like the Center for American Progress, continuing to fight on Thursday for the renewable energy cash grant program, as well as other renewable energy measures.
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