The extension of the Solar Investment Tax Credit (ITC) passed by Congress on December 19, 2015 will lead to sustained growth in the U.S. solar industry. By 2020, the industry will deploy more than 20 GW of solar electricity annually and employ more than 420,000 workers.
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The Investment Tax Credit (ITC) is the solar industry’s most important public policy. As such, SEIA commissioned an independent analysis from Bloomberg New Energy Finance (BNEF) to analyze the impact of the ITC on the industry – and what the U.S. stands to lose if Congress lets this policy expire in 2016.
The Solar Energy Industries Association is working hard to represent the industry from our Washington, DC headquarters. We have experts and professional advocates working to influence federal policy, however, when it comes to making a more personal impact with legislators, the power of grassroots advocacy cannot be underestimated. Congress needs to be reminded that the solar industry provides jobs and energy security in their states and districts.
Click here to see an overview of the ITC.
Commerce finds dumping of imports of certain crystalline silicon photovoltaic products from China and Taiwan and countervailable subsidization of imports of certain crystalline silicon photovoltaic products from China.
The Climate Group and the Solar Energy Industries Association (SEIA) announce their partnership to create a campaign through Facebook to accelerate the rate of US residential solar adoption. The main component of the campaign is a web app where solar owners can access a badge to display their solar ownership on Facebook. In return, they permit us to us to include their Facebook profile in our solar owner database to share with people interested in solar power.
Solar has seen a 70% compound annual growth since 2010, with over 4GW installed in 2013. Indeed, preliminary numbers indicate that approximately 28% of all new US generation capacity installed in 2013 was from solar. Despite this growth, solar generation is still a small part of the overall generation mix. This holds true even for the states with the highest solar penetration.