Building on National Climate Momentum, Lawmakers Re-Introduce GREEN Act With Key Solar Provisions
WASHINGTON, D.C.— Lawmakers on the House Ways and Means Committee’s Subcommittee on Tax Policy have re-introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act. The bill includes several key solar provisions, including a five-year extension of the solar Investment Tax Credit (ITC), and a direct pay option for large projects when claiming the ITC. Following is a statement by Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA) on the re-introduction of this critical legislation:
COVID Aid Package Makes Initial Commitment to a Clean Energy Recovery
WASHINGTON, D.C. – Congress has passed broad end-of-year legislation that includes significant benefits for solar energy. The full legislative package combines a $900 billion COVID-19 relief package and an omnibus spending bill for 2021 with tax extenders and energy policy changes. The legislation provides a two-year extension of the solar Investment Tax Credit (ITC) and additional funding for research and development, including on soft costs critical to distributed energy deployment and support for more sensible access to federal lands for renewable energy projects.
Solar Industry Outlines a Policy Agenda for the Biden Administration, 117th Congress
WASHINGTON, D.C. – Today the Solar Energy Industries Association (SEIA) is releasing a suite of policies and executive actions that it is asking President-elect Biden and the newly elected Congress to act on during their first 100 days in office.
House Passes Infrastructure Package with Key Clean Energy Provisions
WASHINGTON, D.C. - Following is a statement from Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association, on the passage of the Moving Forward Act in the U.S. House of Representatives: “This is an important legislative step, and we thank our champions and leaders in the House for their work to move pro-solar provisions forward in the Moving Forward Act.
Congressional Leaders Call for Solar Specific Solutions in Economic Recovery Plans
WASHINGTON, D.C. — Today the House Ways and Means Committee introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act as a part of the $1.5 trillion House infrastructure package released earlier this week.
SEIA Statement on Treasury Department Guidance on Safe Harbor Change
WASHINGTON, D.C. — New guidance from the Treasury Department confirms that the safe harbor provisions for the solar Investment Tax Credit will be extended until October 15 as a result of the pandemic, giving solar companies more time to qualify for the important credit.
Industry Vows to Continue Fight for Pro-Solar Policies, Despite Missed Opportunity This Year
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:
House Clean Energy Tax Package Includes 5-Year Extension of Solar ITC, Storage Incentives
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.
Hundreds of Mayors Call on Congress to Extend the Solar Investment Tax Credit
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.
Forecast: Solar Tax Credit Extension Would Boost Jobs, Economy and Climate Fight
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