COVID-19 Impacts on Tax Equity Markets
COVID-19 is Harming Tax Equity Financing At the outset of the COVID-19 pandemic, we heard scattered reports of medium- and long-term decreases to the availability of tax equity financing, as well as those who faced immediate challenges.
COVID-19 & the Solar Investment Tax Credit
The Solar Investment Tax Credit Has Spurred Job Creation The solar Investment Tax Credit (ITC) is one of the most successful clean energy policies in U.S. history and has helped the industry grow by more than 10,000% since it was enacted in 2006. A long-term extension of the ITC was passed by Congress in bipartisan fashion in 2015. This extension included a phasedown schedule that began at the end of 2019. The current 26% credit will step down to 22% at the end of 2020. Before the COVID-19 recession, solar companies added more than 150,000 U.S.
Solar Market Insight Report 2020 Q3
The quarterly SEIA/Wood Mackenzie Power & Renewables U.S. Solar Market Insight report shows the major trends in the U.S. solar industry.
Top Brands Like McDonald's and Unilever Call for Solar Investment Tax Credit Tweaks for COVID Recovery
WASHINGTON, D.C. — Dozens of major corporations and global brands signed a letter to Congressional leadership today, urging them to pass measures in upcoming COVID-19 recovery legislation that will spur clean energy growth.
Corporate Energy Buyers Letter to Congress in Support of Clean Energy Recovery Legislation
Dozens of major corporations and global brands signed a letter to Congressional leadership, urging them to pass measures in upcoming COVID-19 recovery legislation that will spur clean energy growth.
Rebuilding Better With Solar Jobs
We can rebuild our economy better than before by enacting commonsense policies that spur longterm growth for solar, including modifying the solar Investment Tax Credit (ITC), streamlining the permitting process for solar projects, supporting domestic manufacturing of clean energy technologies, and investing in our nation’s electricity infrastructure. Investing in solar energy can create hundreds of thousands of jobs while addressing climate change and lowering costs for consumers.
Bipartisan Appeal: Solar Can Span the Aisle and Bridge the Gaps
As Congress considers how best to revive our ailing economy, investing in homegrown solar energy could jumpstart investment and create jobs. Solar energy isn’t a niche technology: there are now more than 2.5 million solar systems installed in every state and before the pandemic 250,000 Americans had a solar job.
Nearly 650 Companies Urge Congress to Include Solar in Recovery Legislation
WASHINGTON, D.C. — Nearly 650 solar companies sent a letter to Congress today galvanizing support for legislation that deploys clean energy to help rebuild the U.S. economy.
Solar Industry Letter to Congress: Rebuild Better with Solar Energy
Nearly 650 solar companies signed a letter to Congress on July 13, 2020, urging them to include policies that will support the solar industry as the U.S. recovers from COVID-19. The list includes many of the largest manufacturers, owners, developers, installers and operators of solar projects across the country.
House Passes Infrastructure Package with Key Clean Energy Provisions
WASHINGTON, D.C. - Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, on the passage of the Moving Forward Act in the U.S. House of Representatives: “This is an important legislative step, and we thank our champions and leaders in the House for their work to move pro-solar provisions forward in the Moving Forward Act.