WASHINGTON, D.C. — Following is a statement by Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, on the $2 trillion COVID-19 stimulus package agreed to by Congress late last night:
WASHINGTON, D.C. - The following is a statement by Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association on Congress’ passage and the president’s signature of the Families First Coronavirus Recovery Act:
The U.S. International Trade Commission today sent its mid-term review of the Section 201 solar tariffs to President Trump. The Commission’s report assesses the economic impact of the Section 201 tariffs on crystalline silicon photovoltaic cells and modules.
WASHINGTON, D.C. – Today, four national organizations representing the range of clean energy companies in the United States filed a request for rehearing by the Federal Energy Regulatory Commission (FERC) on its order to impose a Minimum Offer Price Rule (MOPR) in the PJM capacity market.
While this trade deal won’t do anything to relax the solar tariffs, it is a positive development for the U.S. solar industry.
WASHINGTON, D.C. — Today Congress and the White House were unable to agree on including an extension of the solar Investment Tax Credit (ITC) in an end of year tax package meaning the credit will decrease at the end of this year. The measure also failed to include energy storage in the ITC. This represents a missed opportunity to take an achievable step to boost the economy, add jobs and reduce carbon emissions. Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association on this development:
Tariffs on imported solar cells and modules have led to the loss of more than 62,000 U.S. jobs and $19 billion in new private sector investment.
Today the House Ways and Means Committee released a comprehensive clean energy tax package that includes a five-year extension of the 30% solar Investment Tax Credit (ITC) and new incentives for energy storage.
A bipartisan group of 231 mayors sent a letter to Congress today urging them to pass the Renewable Energy Extension Act, a five-year extension of the solar Investment Tax Credit.
An extension of the solar Investment Tax Credit (ITC) would spark $87 billion in new private sector investment and add 113,000 American jobs over baseline estimates by 2030