Commends Senators Cantwell and LeMieux for introducing bipartisan amendment that continues successful policy, will help create thousands of American jobs from coast to coast
WASHINGTON, D.C. – Solar Energy Industries Association (SEIA) President and CEO Rhone Resch today released the following statement on an amendment to the Senate Tax Extender’s legislation introduced by Senators Maria Cantwell (D-WA) and George LeMieux (R-FL) to extend the 1603 Treasury Grant Program (TGP) for two years. The Cantwell/LeMieux amendment would extend the start construction date to December 31, 2012, similar to provisions in the Feinstein-Merkley bill, S. 2899, the Renewable Energy Incentives Act.
“We applaud Senators Cantwell and LeMieux for crafting bipartisan legislation that will continue a successful, American job-creating policy, the Treasury Grant Program. Last year, the solar industry was one of the bright spots in our economy with the creation of 17,000 new jobs. These jobs were created in large part by the TGP and other Recovery Act policies. It’s time for Congress to extend this program, which has given new opportunity for Americans in the solar industry and kept solar projects moving forward from coast to coast.
“Extending the TGP will have huge benefits for the economy; more than 65,000 new domestic jobs and 5 gigawatts of new solar installations by 2016 – enough to power more than 1 million homes.
“The urgency of extending the TGP cannot be overstated. Projects that cannot be certain about meeting the December 31 commence construction date are losing financing now. The certainty of an extension is necessary if we are going to realize all of the solar projects currently in the pipeline.
“From coast to coast, the solar industry is putting Americans back to work with safe, stable careers that offer hope for their families and for the country – rather than fossil fuel industries that are stagnant or in decline and only offer us dirty, unstable fuels of the past. We need to support these workers with stable, common-sense policies like an extension of the Treasury Grant Program that provides opportunity while saving the taxpayer money,” said Resch.
In April, a study released by Lawrence Berkeley National Laboratory that found that the TGP “has provided significant economic value” and showed strong employment levels in renewable energy industries during 2009.
Treasury Grant Program Projects(all renewable projects)
Treasury Grant Program Solar Projects (590 projects as of June 15)
Established in 1974, the Solar Energy Industries Association is the national trade association of solar energy industry. As the voice of the industry, SEIA works with its 1,000 members to make solar a mainstream and significant energy source by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Learn more athttp://www.seia.org.