If the faces of renewable energy critics are not red yet, they soon will be. For years, these critics — of solar photovoltaics in particular — have called renewable energy a boutique fantasy. A recent Wall Street Journal blog post continues the trend, asserting that solar subsidies take money from the poor to benefit the rich. But solar-generated electricity is turning into a powerful environmental and economic success story.
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In February's PHOTON International, SEIA president and CEO Rhone Resch writes about the solar Investment Tax Credit and smart public policies in the face of tax reform.
Illinois Rural Electric Cooperative held a ribbon cutting for its new 500 kilowatt solar facility which is located south of Winchester on Illinois Route 106, next to one of the substations that serves the cooperative’s 7,800 members. The installation is the first utility-scale photovoltaic solar energy system by a cooperative in Illinois.
While Americans know wind and solar energy are clean, they often aren’t aware of the economic success story behind these renewable-energy technologies. Wind and solar power have economic benefits that reach far and wide. They have become increasingly affordable, attracting billions in private development, and today are both mainstream and reliable energy sources across America.
Calling it “a huge step backward,” Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), said President Obama’s 2015 fiscal year budget, which was unveiled today, would severely damage the U.S. solar industry by eliminating the Investment Tax Credit (ITC) and replacing it with a refundable Production Tax Credit (PTC) at the end of 2016.
The year is 2020. The United States is on the cusp of a golden age, there's peace in the Middle East, and the Texas oil tycoon is suddenly back in the saddle.
In 1903, the Wright brothers became the first men to fly. Twenty-four years later, Charles Lindbergh became the first to fly over the Atlantic. Coming soon...another possible breakthrough.
Renewable energy in North America has experienced unprecedented growth over the last few years, and that maturation has the potential to progress uninterrupted.
The Navy has completed construction of the largest solar energy project in Virginia, a 10-acre landscape of black solar panels in neat rows within sight of the Chesapeake Bay and the Hampton Roads Bridge-Tunnel.
The United States Marines are already using solar panels to reduce their reliance on fuel generators, but by 2025, the few and proud hope eliminate the diesel-chugging monstrosities entirely.