Today researchers at Lawrence Berkeley National Lab released “Tracking the Sun II: The Installed Cost of Photovoltaics in the U.S. from 1998–2008.” The new report found that the average cost of going solar in the U.S. declined by more than 30 percent from 1998 to 2008, a trend that can be largely attributed to the success of market-building policies at the state and local level. Findings also show that, after a three-year plateau, costs decreased by 3.6 percent from 2007 to 2008, marking a pivotal year for the American solar industry.
News tagged Finance & Tax
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Solar Energy Industries Association (SEIA) President and CEO Rhone Resch today released the following statement on President Barack Obama’s tour of the solar installation at Nellis Air Force Base and announcement of the amount of economic stimulus funding for solar and geothermal projects.
The Solar Energy Industries Association (SEIA) today released the following statement from Chairman Roger Efird, SEIA chairman and president of Suntech America, in support of President Obama’s Department of Energy Fiscal Year 2010 budget request, which includes $320 million in solar energy funding and $42 million for clean energy transmission and reliability.
Solar Energy Industry Group Reports US Solar Market Hit Record Growth In 2008, Despite Economic Crisis
Today, the Solar Energy Industries Association released its 2008 U.S. Solar Industry Year in Review, highlighting a third year of record growth.
Obama Signs Economic Recovery Legislation; Solar Industry Poised to Create 110,000 Jobs over Next Two Years
Solar Energy Industries Association (SEIA) President & CEO Rhone Resch today commended President Obama for signing the American Recovery and Reinvestment Act into law in Denver, Colorado and commented on how it will help stimulate the solar industry immediately.
Solar Energy Industries Association Names Senator Maria Cantwell 2008 National Solar Energy Champion of the Year
The Solar Energy Industries Association (SEIA) today announced that U.S. Senator Maria Cantwell (D-WA) is the Democratic winner of its 2008 National Solar Energy Champion Award, citing her strong support and leadership on solar energy issues in the U.S. Senate. Senator Cantwell played a leading role in forging the bipartisan compromise that extended the solar investment tax credit (ITC), set to expire at the end of this year, for another eight years.
Federal Solar Tax Credits Extended for 8 Years, US Poised to Become Largest Solar Market in the World
Today, by a vote of 263 to 171, the U.S. House of Representatives passed historic legislation that extends the 30-percent federal investment tax credit for both residential and commercial solar installations for 8 years.
House-passed bill would extend federal solar tax credits for 8 years, eliminate $2,000 cap on residential projects, and remove exemptions for utilities and AMT filers
Solar Energy Industries Association Names Senator Gordon Smith as 2008 National Solar Energy Champion of the Year
(Washington, DC) – The Solar Energy Industries Association (SEIA) today announced that U.S. Senator Gordon Smith (R-OR) is the Republican winner of its 2008 National Solar Energy Champion Award, citing his strong support and leadership on solar energy-related issues in the U.S. Congress.
Solar Energy Industries Association president Rhone Resch released the following statement after the Senate voted on bipartisan legislation to extend federal solar tax credits by 8 years. The amendment to H.R. 6049, the Energy Improvement and Extension Act of 2008, to extend renewable energy tax credits passed by a vote of 93 to 2. SEIA expects the Senate will complete votes on other amendments and pass H.R. 6049 later today.