Senator Catherine Cortez Masto (D-NV) and Representatives Mike Thompson (D-CA), Paul Cook (R-CA), and Brian Fitzpatrick (R-PA) today introduced companion bills with a five-year 30% extension of Section 48 and Section 25D Solar Investment Tax Credits (ITC). The Renewable Energy Extension Act will call for the extension of the tax credits.
WASHINGTON, D.C. – Three House Committee leaders today announced a plan to move the United States to 100% clean energy by 2050. Energy and Commerce Committee Chairman Frank Pallone, Jr., Rep. Paul Tonko, Chairman of the Environment and Climate Change Subcommittee, and Rep. Bobby L. Rush, Chairman of the Energy Subcommittee revealed the plan at a news conference on Capitol Hill this afternoon.
WASHINGTON, D.C. - Nearly 1,000 companies from across the U.S. solar industry supply chain today sent a letter to Congress calling for the extension of the Section 48 and Section 25D solar investment tax credits (ITC).
The ITC is a common-sense policy that helps every day Americans, whether it’s on a house, within a community, or on a tract of farm land. Until we have comprehensive legislation addressing climate change, the ITC is the strongest policy there is to incent clean energy development. We already know that the ITC has generated hundreds of thousands of jobs and injected more than $140 billion in private investment into the economy.
The 21st Annual Congressional Renewable Energy and Energy Efficiency EXPO and Policy Forum will bring together 30-40 businesses, trade associations, and government agencies to showcase renewable energy and energy efficiency technologies
The Solar Energy Industries Association today announced the completion of a summer advocacy blitz, visiting members of the U.S. House of Representatives from the top 100 solar congressional districts across the United States.
Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association on the Trump administration's proposal to revise the Clean Power Plan:
The Solar Energy Industries Association (SEIA) today offered its strong support for legislation introduced in Congress by Rep. Peter Welch (D-VT) and Rep. Ralph Norman, (R-SC) that will allow the General Services Administration (GSA) to enter into 30-year renewable energy power purchase agreements (PPA).
Since its historic extension in late 2015, the solar Investment Tax Credit (ITC) has been a critical mechanism for the rapid growth of solar power in the United States. The only thing missing was clear rules for when solar projects in development begin to qualify for the credit. That clarity finally came last Friday when the IRS released crucial ‘commence construction’ guidance establishing rules for ITC qualification.
The Internal Revenue Service (IRS) today released guidance establishing when construction starts for solar projects under tax law, allowing developers to invest with confidence in new solar projects.