The Biden Administration has unveiled details for its fiscal year 2022 budget request for the U.S. Department of Energy. SEIA and a coalition of clean energy organizations sent a letter to congressional leaders urging them to support full funding of this budget request.
SEIA submitted a letter to House Ways & Means Committee Chairman Richie Neal (D-MA), articulating the industry's priorities for the once-in-a-generation infrastructure legislation currently under consideration. An excerpt from the letter is included below and you can read the full letter at the link above.
The Coalition for Clean Energy Jobs & Innovation, comprised of more than 100 organizations representing clean energy interests, manufacturers, homebuilders, electric cooperatives and a variety of other industries, sent a letter to President Biden, Speaker Pelosi and Leader Schumer, urging them to enact a ten-year extension of the section 25D and 48 Investment Tax Credit (ITC), and a direct pay option for projects claiming the ITC.
Since 2010, the National Solar Jobs Census has been the definitive measure of solar energy industry employment in the United States, charting the growth of the solar workforce alongside the rise of solar energy as a major contributor to the U.S. energy supply and economy as a whole.
Public policy and government action, whether at the local, state, or federal level, will be critical to tackling the climate crisis and building a clean energy future in America. As an industry that deploys clean, reliable, affordable electricity, SEIA recognizes the critical role for environmental justice in these policy discussions, and the need for climate solutions to take into account the disproportionate impacts felt by frontline communities.
SEIA has an ambitious but achievable goal – solar energy will constitute 20% of all U.S. electricity generation by 2030. To reach this target, we must grow our industry by 18% annually and install more than 500 gigawatts (“GW”) of solar projects by the end of 2030, building upon the nearly 100 GW of solar energy capacity that exists today. Achieving the 20% by 2030 goal will result in hundreds of thousands of new jobs, more than 14 million solar rooftops, and 500 million metric tons of avoided CO2 emissions.
The 2020 election will have tremendous consequences for the future of energy and climate policy in the United States. To meet this moment and provide guidance for the incoming Biden administration and new members of Congress, SEIA has prepared a 100-day legislative and executive agenda.
COVID-19 is Harming Tax Equity Financing At the outset of the COVID-19 pandemic, we heard scattered reports of medium- and long-term decreases to the availability of tax equity financing, as well as those who faced immediate challenges.