DOE Secretary, Senate Majority Leader Tout Solar's Benefits
LAS VEGAS, NV – Calling solar "critical to the United States" when it comes to meeting its future carbon reduction goals, Department of Energy Secretary Ernest Moniz today delivered the keynote address at Solar Power International (SPI), the largest solar trade show in America, co-sponsored by the Solar Energy Industries Association (SEIA). "Cost reduction, as we have seen dramatically in solar energy, is very much a part of shaping our clean energy future," Moniz said. "We've seen costs of modules decline by nearly 80 percent.
Solar Industry Perspective on the "No More Solyndras Act"
H.R. 6213, the No More Solyndras Act, was passed by the U.S. House of Representatives in September 2012. If enacted, this bill would sunset DOE’s Loan Guarantee Program {link to http://www.seia.org/policy/finance-tax/loan-guarantee-program} and prevent the issuance of new loan guarantees for renewable energy projects. Despite the headlines, the solar industry is a bright spot in terms of loan guarantees, with eleven utility-scale solar projects currently under construction or operational.
DOE Loan Guarantee Infographic
The DOE Loan Guarantee Program creates jobs and reduces the cost of solar energy. Our new infographic shows why the program is a good deal for America.