Solar and Storage Companies Add Over $100 Billion to U.S. Economy as a Result of the Inflation Reduction Act
Since the Inflation Reduction Act (IRA) passed one year ago, U.S. solar and storage companies have announced over $100 billion in private sector investments, helping bolster the American economy, according to new analysis released today by the Solar Energy Industries Association (SEIA). Solar and storage manufacturing is now surging in the United States, as 51 solar manufacturing facilities have been announced or expanded in the last year.
In the Face of Climate Disaster, Solar and Storage Deliver Resilient, Adaptable Solutions
In the face of increasingly extreme weather, improving the climate resilience of our energy infrastructure has never been more urgent. Time and time again, solar energy has demonstrated its value through reliability in the face of extreme weather, providing safety and stability when communities need it most.
Solar Jobs for All: Five Facts on the Rising Solar Workforce
The newly released National Solar Jobs Census sent a clear message: American solar jobs are growing and are available to everyone, from every background, and in every state. Well-paying solar jobs are extending the benefits of America’s solar boom to Americans of all backgrounds — and they are not slowing down any time soon.
SEIA Expands Suite of Consumer Education Resources to Empower Wave of Incoming Solar Customers
WASHINGTON D.C. — Today the Solar Energy Industries Association (SEIA) is releasing a suite of new and updated resources for consumers to meet the increase in demand for solar power created by the Inflation Reduction Act (IRA).
Solar and Storage Industry Statement on Senate Vote to Repeal Solar Tariff Pause
WASHINGTON D.C. — Today the United States Senate passed legislation to repeal the Biden administration’s June 2022 proclamation to provide a two-year moratorium for new solar tariffs. The resolution now moves to President Biden’s desk where it is expected to be vetoed. Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA): “Any legislation that threatens 30,000 American jobs and weakens our nation’s energy security to this degree should be dead on arrival.
America’s Manufacturing Revival Hangs in Balance as Solar and Storage Industry Gets Jolted Around
In just eight months, the Inflation Reduction Act has done more to boost domestic manufacturing than any U.S. policy in the last three decades. No matter what your views on this legislation were going in, the evidence is clear: it’s working. The promise of American manufacturing and a clean, reliable, and resilient energy future is right around the corner.
Treasury Dept. Energy Communities Adder Credit Guidance Advances Clean Energy Transition
WASHINGTON, D.C. — Today, the U.S. Department of the Treasury released a new map and guidance that will govern the implementation of the Energy Communities adder credit, a tool the U.S. solar and storage industry can use to improve access to solar power and energy storage.
Turning America Into a Solar Manufacturing Powerhouse
A wave of new announcements by manufacturers reveals a massive swing in the American solar industry: a domestic solar manufacturing boom is underway. This is a sea change for energy security and jobs and will ensure the U.S. solar and storage industry has a reliable supply of solar equipment as it grows from nearly 5% of the nation’s electricity mix to a fundamental part of America's energy supply.
North Carolina Regulators Issue Order to Strengthen the State’s Rooftop Solar Market
RALEIGH, N.C. — On Thursday, the North Carolina Utilities Commission (NCUC) issued final orders in its net metering “Smart $aver” docket. The Commission approved a three-year glide path for solar customers to transition from monthly credits to a more dynamic time-of-use rate structure that incentivizes the use of solar when it is most valuable. The order also directs Duke Energy to open a solar plus storage program within 90 days, approves a $0.36/watt incentive to go solar, and approves another monetary incentive to encourage residential energy storage installations.
The Importance of VPPs to Support America’s Energy Resilience
Extreme weather events, cybersecurity threats and volatility in energy markets at all levels puts intense strain on America’s power grid. Virtual power plants (VPP) are an important tool to secure the resiliency of this critical system.