On Wednesday, the U.S. House of Representatives passed The Renewable Energy and Job Creation Act of 2008 (H.R. 6049), a bill that could extend production and investment tax credits for renewable energy, by a vote of 263-160.

The bill also extends the 30% investment tax credit for solar energy property and qualified fuel cell property, and the 10% investment tax credit for microturbines through the end of 2014. Biomass, geothermal, landfill gas and other technologies receive a three-year extension under the legislation.