Under the California Climate Leadership initiative, State Senate President pro Tempore Kevin de León, Senators Ben Hueso, Mark Leno, Fran Pavley and Bob Wieckowski, with the support of leaders from the business, labor, public health, consumer advocacy, and environmental communities, have announced a package of bills that would help meet Governor Brown’s climate change objectives by setting clean energy goals, divesting in fossil fuels and spurring growth in the clean energy economy. Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), released the following statement applauding the initiative:
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Vivint, a leading provider of smart home technology, today announced that CEO Todd Pedersen will be featured on the season finale of CBS’s award-winning series “Undercover Boss,” Friday, February 20 at 8 p.m. EST.
WASHINGTON, DC – In a new report, the Department of Energy (DOE) has highlighted the success of the Loan Programs Office’s solar projects, saying that since it financed its first five utility-scale projects in 2011, 17 additional projects have come on line without the use of loan guarantees. The report coincides with the dedication ceremony of Desert Sunlight, a 550-megawatt (MW) solar project in Riverside County, California.
Saying it will benefit Massachusetts consumers by improving access to net metering, the Solar Energy Industries Association (SEIA) today announced its support for legislation in both the State Senate and State House of Representatives, which will allow public and private distributed generation (DG) solar projects to continue, while preserving and expanding jobs in clean, reliable solar energy across the state.
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.
Continuing its explosive growth, the U.S. solar industry had a record-shattering year in 2013.
WASHINGTON, D.C. – Reacting to the announcement that two solar energy projects located near the Nevada-California border have been approved as part of President Obama’s Climate Action Plan to reduce carbon pollution, create jobs and move our economy toward clean energy sources, Ken Johnson, vice president of communications for the Solar Energy Industries Association, issued the following statement:
WASHINGTON, DC - In response to Thursday's announcement of the 20 collegiate teams selected to compete in the U.S. Department of Energy Solar Decathlon 2015, Tom Kimbis, vice president of executive affairs for the Solar Energy Industries Association, released the following statement:
The era of Big Solar has arrived, and at the moment there are none bigger than Ivanpah. Now, Ivanpah records another milestone: The first renewable plant to receive POWER’s Plant of the Year Award. Comprising three self-contained units with a total capacity of 392 MW (377 MW net), Ivanpah is a joint effort between BrightSource Energy, NRG Energy (through its subsidiary NRG Renew, formerly NRG Solar), Google, and Bechtel.
GM’s director of sustainability asks how we can frame up the needs and challenges for NGOs and corporate buyers, to ultimately make renewables more affordable for all companies
The 135-MW Quinto Solar Project, a solar photovoltaic (PV) plant under construction in California’s Central Valley, officially broke ground on July 29.
San Jose–based SunPower Corp. is building the plant in Los Banos, and will sell power from the facility to Southern California Edison under a 20-year power purchase agreement. The project is due for completion in late 2015.
SolarCity Corp. (SCTY), the first U.S. company to offer bonds backed by rooftop solar panels, raised $201.5 million in its third debt offering in eight months.
The senior notes were sold at an interest rate of 4.03 percent and were rated BBB+ by Standard & Poor’s, the third-lowest investment grade. The junior notes were sold at an interest rate of 5.45 percent and were rated BB, which is not investment grade. Both tranches mature in July 2022.