SEIA is the solar energy industry’s go-to source for the latest coverage on solar power, including U.S. and international policy, research and polls, business and financing trends, and more. Our staff strives to support the media covering solar energy issues and guide our members on effective media outreach with clear statements, background materials, news and multimedia resources.
SEIA is committed to informing policymakers, the media, and the American public about the benefits of solar energy for today’s communities, our economy, and our country.
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Two recently-issued federal studies underscore the dramatic growth in electrical generation from geothermal, solar, wind, and other renewable energy sources during the first three and one-half years of the Obama Administration.
Solar photovoltaic (PV) installations in the Americas more than doubled in the first half of 2012 (1H 2012) and will reach nearly 4.3 GW for the year. Solar PV installations rose more than 120% in the Americas in the first six months of 2012, according to IMS Research’s latest quarterly report, to reach 1.7 GW. That compares to 750 MW in the 1H 2011.
Mitt Romney sets an ambitious goal with his pledge to achieve U.S. energy independence by 2020. It’s just too bad his plan relies almost entirely on fossil fuels and largely ignores the solid promise of clean energy.
Romney’s plan, rolled out Thursday in solar-friendly New Mexico, focuses heavily on oil, gas and, most unnecessarily, coal. The presumptive Republican presidential nominee promises to expand drilling on federal lands and to roll back environmental rules his campaign adviser Ed Gillespie says are “destroying the coal industry.”
Total funding in the solar energy sector amounted to more than $4.3 billion spread across 66 transactions in the second quarter of 2012, with strong results in venture capital funding, debt funding, and corporate funding in particular, according to a Mercom Capital Group report.
The City of Raleigh, which has long been an innovator in terms of energy leadership, is touting the opening of a brand new solar power facility located on city government property. In addition to LED lighting, electric car chargers, and solar powered lights, the city can now boast of a large solar power facility.
Last year seemed like a dark one for the solar industry: stiff competition from China drove American manufacturers to layoffs and even bankruptcy, while the low price of natural gas and the loss of a critical government subsidy weakened incentives for new solar developments. And then there was the long shadow of Solyndra, whose bankruptcy after receiving federal loans cast a pall over other green-energy endeavors.