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.
GM has decided to take its considerable talents and power, and put themselves full-force into the Solar Energy Industries Association (SEIA).
According to a Power Purchase Agreement (PPA) between El Paso Electric Company and First Solar, electricity will be sold from First Solar’s thin-film solar panels to El Paso Electric Company for 5.8 cents per kWh (a good 4-8 cents cheaper than new coal, which is in the 10-14 cents per kWh range).
IKEA, the world’s leading home furnishings retailer, today officially plugged-in the solar energy system installed at its South Florida store in the City of Sunrise.
Eddie Stern, the former director of communications for the Colorado Senate Majority, has been hired as the director of the Colorado Solar Energy Association, the group formed in 1989 that represents hundreds of solar industry members across the state.
Solar energy is one of California's biggest success stories. Homes, schools and businesses are going solar in record numbers. The growing industry now employs 43,000 Californians and has infused $10 billion in private investment into our otherwise limping economy.