A new report from Bloomberg New Energy Finance (BNEF) predicts substantially more solar generating capacity will get built in the United States, and a major industry downturn will be avoided, if the federal solar investment tax credit (ITC) is extended at its current level.
News tagged Renewable Energy Deployment
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Continuing on its record-breaking trajectory, the United States solar industry surpassed 20 gigawatts (GW) of total operational solar photovoltaic (PV) capacity during the second quarter of this year. According to GTM Research and the Solar Energy Industries Association’s (SEIA) Q2 2015 U.S. Solar Market Insight Report, the U.S. installed 1,393 megawatts[i] of PV last quarter, showcasing both annual and quarterly growth.
If Alabama Power’s proposal to install up to 500 megawatts (MW) of renewable generation, including solar, is approved by the Alabama Public Service Commission (PSC) the state would finally get to enjoy the economic and environmental benefits so much of the country is already reaping.
In another step forward for clean, renewable solar energy, the New York Public Service Commission (PSC) has approved raising the net energy metering (NEM) cap from 3 percent to 6 percent for all utilities. At the same meeting, the PSC announced plans to advance Community Shared Renewables, an innovative concept that could enable renters and millions of other New York energy consumers to go solar for the first time.
Cheaper, Reliable Renewable Energy Is Ready to Help States Meet EPA’s New Carbon Rule Cost-Effectively
Renewable energy industries have done their part to cut costs and are already helping every state make progress to cut their carbon emissions. Even better, these industries can help states make even more significant reductions, in accordance with the proposed rule – saving consumers money and driving local economic development in the process.
In celebration of Earth Day – and as a way to encourage the widespread use of non-polluting energy sources – The Climate Group and the Solar Energy Industries Association (SEIA) have teamed up to create a Facebook campaign designed to accelerate the adoption of solar energy in the United States.
WASHINGTON, DC – Did you know that solar energy in the United States is now generating enough electricity to power 2 million American homes, including the White House? Or that the payback on installing a home heating and cooling system (SHC) can be as little as four years? Would you be surprised to learn leading blue chip companies like Walmart, Apple, Costco, Kohl’s and IKEA are saving big bucks by installing rooftop solar? Or that just one utility-scale solar facility can power 170,000 homes?
Albany, NY – SEIA and Vote Solar today congratulated Gov. Cuomo and the State of New York on their continued commitment to solar initiatives, which have significantly increased solar installations across the state, supported thousands of local jobs and increased energy resilience. The Governor confirmed that solar energy remains a priority for his administration in today’s 2014 State of the State address.
WASHINGTON, D.C. AND BOSTON, MA — GTM Research and the Solar Energy Industries Association® (SEIA®) today released U.S. Solar Market Insight: 3rd Quarter 2013, the definitive analysis of solar power markets in the U.S., with strategic state-specific data for 28 U.S. states and the District of Columbia.
This week Apple announced its plans to open a new factory in Mesa, Arizona — a facility that “will run on 100 percent renewable energy from day one.” The move will bring a manufacturing boost to the state, creating 2,000 new jobs, all without requiring additional energy from Mesa.