This policy brief estimates the impacts that current law would have on the solar industry. It also formulates several policy alternatives and estimates their effectiveness at mitigating the negative impacts of the investment tax credit cliff embedded within current law.
Investment Tax Credit (ITC)
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WASHINTON, DC - Powered by a rapidly-growing residential market, Louisiana became a Top 20 solar state for the first time last year, according to the recently-released U.S. Solar Market Insight 2014 Year in Review. It was the fifth straight year that Louisiana showed strong growth in solar installations.
The Solar Access to Public Capital (SAPC) working group has released new best practices guidelines for solar photovoltaic (PV) systems, with the goal of increasing investor confidence in the long-term viability of PV systems.
North Carolina is the South’s leader, and fourth among U.S. states, in using solar power to diversify its portfolio of electric power generation fuels. Three policy issues affect the future of North Carolina’s continued development of large-scale solar, which can be viewed in the attached document.
Mark Twain said it best, there are “lies, damned lies and statistics.” It’s hard to tell which is which after closely reviewing the latest hatchet job on solar energy by the Koch brothers’ front group, The Taxpayers Protection Alliance (TPA).
WASHINGTON, DC - Growing at an annual rate of more than 20 percent – far outpacing the growth of the overall U.S. economy, a new report released today shows that the U.S. solar industry added more than 31,000 jobs in 2014, bringing total employment in the sector to 173,807 workers. The results were released by The Solar Foundation (TSF), a widely-respected, non-profit organization.
WASHINGTON, DC - Signaling the growing importance of solar energy to America’s future, the widely read and cited annual “State of American Energy Report” – released today by the American Petroleum Institute (API) – includes, for the first time ever, a comprehensive section on the rapid growth of the U.S. solar energy industry and its impact on our nation’s economy and environment.
In this report, the authors examine California's leadership in US expansion of renewable energy electricity generation by discussing first the boom in utility-scale solar farms in California and the subsequent employment effects of having built 4,250 MW of utility-scale solar powered electricity generating facilities in California over the last five years.
With the addition of another major solar power plant supplying clean, renewable energy to America’s sunniest state, Nevada was second in the nation in added solar capacity during Q3, according to GTM Research and the Solar Energy Industries Association’s (SEIA) most recent U.S. Solar Market Insight® quarterly report. The Copper Mountain 3 project added 171.4 megawatts (MW) to Nevada’s solar portfolio.
A new growth industry is emerging in Utah, where residential solar installations in Q3 alone were equal to the amount installed in all last year. In addition, added solar capacity in Q3 was more than six times the capacity installed over Q3 2013, according to GTM Research and the Solar Energy Industries Association’s (SEIA) most recent U.S. Solar Market Insight® quarterly report.