FORT LEE, NJ- “Here Comes the Sun” isn’t just an old song, it’sa fast-growing industry in New Jersey, as commercial solarinstallations have expanded by nearly 400% since 2008, says onemanufacturer. And that growth should continue thanks to theextension of the Renewable Energy Grant program by the U.S.Congress.

Tax legislation passed in December also extended the grant,which provides 30% cash rebates for qualified projects in lieu ofcertain tax credits. Created as part of the 2009 stimulus packageand known as the Section 1603 Grant, the program was to expire atthe end of 2010, but will now continue through the end of 2011.

“The Renewable Energy Grant has contributed to significantgrowth of this industry in New Jersey,” says Adam Putter, presidentof Fort Lee, NJ-based Solar Roof Development, in a release. SolarRoof Development is a consulting firm that advises on incentivesand installers, largely for commercial properties. “With the latestaction, anyone who purchases a solar installation will continue toreceive a check from the US government amounting to 30% of thesystem’s cost.”