A new study released today by the Stanford Graduate School of Business predicts that the U.S. solar industry is “headed for a cliff” if the solar Investment Tax Credit (ITC) is not extended. Even though the report touts the solar industry’s “dramatic growth,” it called for a phase down of the ITC without any examination of the current and past tax treatments of established energy sources. Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), called that omission a “fatal flaw” which ignores how Congress has used the U.S. Tax Code over the past century to encourage the increased production of oil, gas, coal and even nuclear power, making it difficult for solar and other renewable energy sources to compete in the marketplace without incentives.
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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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The industry's lobbying arm, the Solar Energy Industries Association, is working overtime to keep the incentive — the investment tax credit, or ITC — on the books past 2016, when its current treatment ends.
SunPower Corporation announced that it plans to partner with Apple to build two solar power projects totaling 40 megawatts (MW) in ABA Tibetan and Qiang Autonomous Prefectures, Sichuan Province of the Peoples Republic of China (PRC). When complete, the two projects will be co-owned by Sichuan Shengtian New Energy Development Co., Ltd., SunPower's project development joint venture, and Apple.
U.S. solar energy leaders and representatives of top solar companies from an 8-state area will gather in Atlanta, GA, on May 7-8 at the Marriott Marquis for the inaugural Solar Power Southeast conference, co-sponsored by the Solar Energy Industries Association (SEIA) and the Solar Electric Power Association (SEPA).
SEIA President and CEO Rhone Resch released the following statement today:
“President Obama has made an outstanding choice to head the Federal Energy Regulatory Commission (FERC). Ron Binz has the experience and vision needed to help America ramp up the transition to clean energy sources, including solar. He also has a keen understanding of both the regulatory process and the complexities of today’s electricity distribution system. What’s more, he has been a true champion over the years of energy efficiency, renewable energy and the need to embrace innovative new technologies. SEIA applauds his choice to become FERC chairman, and we look forward to working with him on ways to expand solar deployment across the United States.
In testimony today before the House Subcommittee on Commerce, Manufacturing and Trade, the Solar Energy Industries Association (SEIA) objected to India's restrictive trade policies and urged the country's leaders to return to the negotiating table to resolve outstanding trade disputes. India is the world's largest democracy, and a leading U.S. trade partner.
WASHINGTON, D.C. – To support the financing of community solar projects, Senator Mark Udall of Colorado today introduced the bipartisan Solar Uniting Neighborhoods (SUN) Act, which SEIA President and CEO Rhone Resch applauded:
“If approved, Senator Udall’s legislation would allow Americans who work together as a community to employ solar to receive the same tax advantages as individual homeowners and businesses. This is an imaginative and innovative approach to expanding the use of clean solar energy nationwide.
SEIA President and CEO Rhone Resch issued the following statement after Massachusetts voters elected long-time Congressman Ed Markey as the newest member of the U.S. Senate.
Reacting to President Obama’s major new plan to combat climate change, Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), today released the following statement.
8minutenergy Renewables, LLC announced that it has joined board of directors for SEIA. The nation's leading independent solar PV developer, 8minutenergy has over 1,100 megawatts (MW) in power purchase agreements (PPAs), has successfully built 260 MW and has 15,000 acres of land under contract.
The U.S. Patent Office has granted SolarWall® inventor, John Hollick, patent #8,827,779 titled "Method and Apparatus for Cooling Ventilation Air for a Building". The invention uses a transpired solar collector to take advantage of a well-known phenomenon called nocturnal radiation cooling which can cool air below ambient from sunset to sunrise.
When Donnie and Michelle Holsworth bought a three-bedroom house here in October from builder Lennar Corp. , they got more than a home. The purchase included 20 years of cut-rate electricity powered by a Lennar-owned solar system on the roof.
The energy storage system that Imergy is contributing to the Navy’s microgrid project consists of three shippable vanadium flow batteries it calls the ESP30. Imergy introduced ESP30 earlier this fall as a next-generation enhancement of its earlier technology. It has a capacity of up to 50 kilowatts and stores up to 200 kilowatt-hours.
Chinese manufacturer Hanwha SolarOne has announced plans to build a $12 million module facility in South Korea. The plant is scheduled to begin production in Q2 2015 and will have a capacity of 230 MW.