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.
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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.
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In a strong show of leadership in the fastest-growing renewable energy industry in America, the Solar Energy Industries Association (SEIA) today issued the SEIA Solar Business Code to further transparency and understanding in solar power transactions, while maintaining high levels of competiveness. The code is the first national guidance document covering interactions between solar companies and consumers and is effective immediately.
While the American solar industry continues to grow by leaps and bounds across the country, Ohio falls further behind its neighboring states in the amount of solar installed. Indeed, Ohio is a cautionary tale of how smart government policy, like the federal investment tax credit (ITC), can help a young, cutting-edge industry like solar grow, attract investment and create jobs while bad government policy can stunt the growth of an industry, writes SEIA President and CEO Rhone Resch.
The Solar Energy Industries Association (SEIA) today praised the passage of California’s Senate Bill 350, the leadership of the bill’s sponsor and champion, Senate President pro Tem Kevin de Leòn, and Gov. Jerry Brown, who earlier this year set out the ambitious vision of meeting 50 percent of the state’s electricity needs with renewable energy.
In an effort to open investment and financial innovation – and to focus that capability on historically underserved sectors of the solar economy – the Solar Energy Industries Association (SEIA) today launched the SEIA Finance Initiative.
WASHINGTON, D.C. – Calling it “unfair to families, businesses and churches,” the Solar Energy Industries Association (SEIA) is urging West Virginia Gov. Earl Ray Tomblin to veto HB 2201, which could jeopardize the future of rooftop solar in the state by rewriting West Virginia’s net-metering policies. Rhone Resch, SEIA president and CEO, said the legislation needs to be revised before becoming law:
A new report from Duke University, The Solar Economy: Widespread Benefits for North Carolina, found that public policies such as North Carolina’s Renewable Energy Portfolio Standard and Investment Tax Credit have made North Carolina first in the south and fourth in the nation for installed solar investment, creating jobs and boosting the economy across the state.
WASHINGTON, DC – According to a new report by The Solar Foundation, Nevada’s solar industry employment grew 146 percent in the past year, allowing it to rise to 7th in number of solar jobs by state and 1st in per-capita solar jobs. Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA) said that the big jump in employment is the result, in part, of pro-growth policies supported by Senator Harry Reid and Senator Dean Heller. The state added 3,500 solar jobs over the previous year.
Massachusetts' continued commitment to clean, solar energy is paying off, according to a just-released report by The Solar Foundation, which shows the state second only to California in solar jobs. Reacting to the news, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), said this remarkable progress is a result of several factors.
Saying it revealed “very encouraging trends,” Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today applauded the findings of The Solar Foundation’s latest State Solar Job Census.
Verengo Solar celebrated its ongoing partnership with GRID Alternatives Greater Los Angeles (GLA) at the recent ceremonies marking GLA's new LA Solar Program and its new warehouse headquarters in downtown Los Angeles. Since 2007 GLA has done over 900 installs of solar electric systems for low-income families in Southern California. This year, with the April launch of GLA's LA Solar Program, more than twenty families living in underserved communities in the city of Los Angeles have now been able to participate in GRID's program.
Renewable energy developer Cypress Creek Renewables is to invest more than $20 million in two new projects in South Carolina as it looks to capitalise on the state’s solar boom. The South Carolina Department of Commerce confirmed yesterday that the company is committed to develop two 10 MW utility-scale solar farms in Lexington County as part its plans to establish 1 GW of solar in the U.S. before the end of 2016.
When Gridley-area homeowner Vicke Robinson wanted to save money on her utility costs, a California environmental nonprofit company was happy to help. GRID Alternatives, an Oakland-based company, made Robinson the first Gridley-area homeowner to benefit from new rules for a state program geared to provide solar power to low-income homeowners. Earlier this spring, GRID Alternatives installed a 4-kilowatt solar power system at Robinson’s home. A total of 15 solar panels went up on the roof, installed by volunteers and trainees entering the growing solar field.
Marking the 10th anniversary of Hurricane Katrina, Louisiana private company PosiGen Solar Solutions installed a 25 kW solar array atop the city of New Orleans’ resilient City Hall. SimpliPhi Power and Schneider Electric participated in the memorial and charitable event. The 25 kW solar array will generate clean power for the City Hall to reduce energy costs, as well as provide backup power in the event of power disruptions or a future natural disaster. It also helps fight against the extreme climate caused possibly by greenhouse gas emissions.
SunEdison Inc. closed financing and broke ground on the 156 MW Comanche Solar project for Public Service Co. of Colorado, a subsidiary of Xcel Energy. Although the scale of the project makes it big news, it is also notable for its use of a new type of financing vehicle. Comanche Solar is the first project to receive financing through SunEdison's $1.5 billion First Reserve warehouse facility. The financial vehicle is an example of how project financing is evolving to meet the needs of investors and developers alike.