Often referred to as the "premier tax manual for the solar industry," those interested in solar tax and finance issues now have an entirely new edition at their disposal. For the first time in three years, the Solar Energy Industries Association (SEIA) has released an updated Guide to Federal Tax Incentives for Solar Energy.
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The preeminent conference dedicated exclusively to the finance and tax issues facing the solar industry is coming to New York City this month. The Solar Energy Industries Association (SEIA) is hosting its annual SEIA Finance and Tax Seminar on Feb. 18-19 at the J.P. Morgan Conference Center.
Following is a statement from Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), on passage of the omnibus appropriations bill, which included a 5-year solar investment tax credit (ITC) extension.
In an effort to open investment and financial innovation – and to focus that capability on historically underserved sectors of the solar economy – the Solar Energy Industries Association (SEIA) today launched the SEIA Finance Initiative.
As a tool for investors, financiers, project developers and others, the Solar Energy Industries Association (SEIA) and CohnReznick, a leading national accounting, tax and advisory firm, today released a guide to the valuation of solar projects for financial reporting purposes. The publication features best practices in “an increasingly complex solar marketplace” and follows up on a 2014 publication by the two organizations on fair market value methodologies in the solar industry.
As part of its ongoing efforts to make solar cost competitive with other forms of electricity, the Department of Energy’s (DOE) SunShot Initiative announced today that it will provide $32 million in new funding opportunities to help spur additional solar development nationwide.
Saying it will provide a big boost to the U.S. economy, while also helping to fight pollution and climate change, the Solar Energy Industries Association (SEIA) announced its support today for legislation by Rep. Mike Thompson (CA-5) to extend the Investment Tax Credit (ITC) for both residential and commercial solar installations.
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.
New York Gov. Andrew Cuomo today signed into law the state’s 2015-2016 fiscal year budget, which includes a sales tax exemption on electricity generated and sold from customer-sited solar systems.
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.