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Entries in Solar Energy (207)

Wednesday
Jan132016

SEIA - Solar Industry Commends President Obama’s #SOTU Commitment to Clean Energy 

WASHINGTON, D.C. - Following is a statement from Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), in response to President Obama’s State of the Union Address: 

“In his final State of the Union, President Obama made it abundantly clear that solar energy is a key solution for America as we usher in the era of clean energy development.

“Since the president took office in 2009, the cost of solar energy has dropped by more than 70 percent, there's 30 times the amount of solar generation and our industry has created 173,000 American jobs. Solar energy growth will continue because it is affordable, improves the air we breathe and creates strong American jobs.

“As the President noted, solar development is saving American households millions of dollars every year in energy costs, and those savings will continue to accumulate year after year. The next president will benefit from this domestic economic engine. Between 2016 and 2020, our industry will pump $132 billion into the American economy and solar generation will quadruple, supplying enough electricity to power 20 million homes.

"Today, nearly 209,000 Americans work in the U.S. solar industry, according to a report issued today by The Solar Foundation. One in every 83 new jobs in 2015 was a solar job and within five years, there will be 420,000 Americans working in the solar industry.

"As an industry, we look forward to carrying out President Obama’s vision for solar development during his final year in office and well beyond.”


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About SEIA®:

Celebrating its 41st anniversary in 2015, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at www.seia.org.

 

Saturday
Dec192015

SEIA Celebrates Extension of the ITC 

WASHINGTON, D.C. - Following is a statement from Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), on passage of the omnibus appropriations bill, which included a 5-year solar investment tax credit (ITC) extension. 

"This historic vote brings the solar industry to the forefront of the conversation about American energy. The ITC extension makes America and its solar industry the world’s preeminent producer of clean and affordable energy.

“We commend members of Congress in both parties for taking this bold step and we look forward to delivering on the promise that this policy now offers all Americans.

“Thanks to the ITC, solar energy will add 220,000 new jobs by 2020, and with this extension, the solar industry can achieve its pledge of employing 50,000 veterans. Clean solar energy will cut emissions by 100 million metric tons and replace dozens of dirty power plants. Importantly, in the follow up to the Paris accord, this establishes the United States as a model for the reduction of greenhouse gases.

"A five-year extension of the ITC will lead to more than $133 billion in new, private sector investment in the U.S. economy by 2020. And much of this growth will come from small businesses, which make up more than 85 percent of America’s 8,000 solar companies.

"Solar power in this nation will more than triple by 2020, hitting 100 gigawatts. That’s enough to power 20 million homes and represents 3.5 percent of U.S. electricity generation.

“The solar industry now has a seat at the table with the nation’s other major electricity producers. Solar is the planet’s most abundant source of energy and offers all Americans clean electricity that can be built at scale and will make our nation proud and prosperous as a world leader in a new energy paradigm.”


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About SEIA®:

Celebrating its 41st anniversary in 2015, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at www.seia.org.

 

Thursday
Dec172015

SEIA Commends Congressional Leaders for Including ITC Extension in Omnibus Bill 

WASHINGTON, D.C. - Following is a statement from Rhone Resch, president and CEO of the Solar Energy Industries Association (SEIA), on the inclusion of a five-year solar investment tax credit (ITC) extension in the omnibus appropriations bill filed this morning by the U.S. House of Representatives:

"By extending the solar investment tax credit for five years with a commence construction provision and a gradual ramp down, bipartisan members in both Houses have reestablished America as the global leader in clean energy, which will boost our economy and create thousands of jobs across America. 

Currently there are 200,000 solar jobs, and the extension is likely to add another 140,000 jobs or more. And with this extension, the solar industry can achieve its pledge of employing 50,000 veterans by 2020, a goal our industry takes very seriously.  These jobs are stable, well-paying and cannot be exported overseas.

A five-year extension of the ITC will lead to more than $125 billion in new, private sector investment in the U.S. economy. And much of this growth will come from small businesses, which make up more than 85 percent of America’s 8,000 solar companies. Over the last year, these companies told us they needed the extension of the ITC to provide their businesses with certainty, and SEIA has been working tirelessly to achieve that goal. Tonight, we’re happy to see that Congress has responded.

Solar power in this nation will triple by 2022, hitting 95 gigawatts. That’s enough to power 19 million homes and represents 3.5 percent of U.S. electricity generation- up from 0.1 percent in 2010. And the extension will offset 100 million metric tons of CO2 annually- equivalent to the emissions from 26 coal fired power plants. 

We commend members of Congress in both parties for taking this bold step and we look forward to delivering on the promise that this policy now offers all Americans for clean, affordable and reliable energy."



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About SEIA®:

Celebrating its 41st anniversary in 2015, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at www.seia.org.
Thursday
Dec102015

SEIA - U.S. Solar Market Prepares for Biggest Quarter in History 

BOSTON, MASS. and WASHINGTON, D.C. - A new report shows 2015 shaping up to be the United States solar market’s best year in history with record-breaking fourth quarter projections.

The U.S. installed 1,361 megawatts[i] (MW) of solar photovoltaic (PV) capacity in the third quarter of the year.  According to GTM Research and the Solar Energy Industries Association’s (SEIA) U.S. Solar Market Insight Report, Q3 2015, this marks the eighth consecutive quarter in which the U.S. has installed more than a gigawatt (GW) of PV capacity.

“This past quarter marked the calm before the storm,” said GTM Research Senior Solar Analyst Cory Honeyman. “The one-gigawatt mark for quarterly capacity additions will serve as a distant floor as project developers ramp up installations in the next five quarters before the planned step down of the 30 percent federal Investment Tax Credit (ITC).”

GTM Research expects the fourth quarter of this year to be the largest quarter for solar installations in U.S. history. Led by the utility-scale segment, the United States will install more than three GW. Looking further out, cumulative PV installations will nearly double between now and the end of 2016, bringing the nationwide total to 41 GW.

FIGURE: Cumulative U.S. PV Installed Capacity, 2007-2016E

Source: GTM Research / SEIA U.S. Solar Market Insight

The utility-scale market continues to lead the U.S. solar market. Utility-scale PV installations made up 42 percent of the nationwide total, while residential installations accounted for 41 percent. Additionally, the residential market hit another new quarterly record as it grew 69 percent year-over year.

Despite some inconsistencies in the non-residential market, the report notes this segment also made progress, increasing 4 percent year-over-year and 19 percent over last quarter.

FIGURE: U.S PV Installations, 2010-Q3 2015

Source: GTM Research / SEIA U.S. Solar Market Insight

GTM Research forecasts that the U.S. solar PV market as a whole will grow 19 percent over 2014 and will reach 7.4 GW by the end of 2015.

“Year after year, we’re seeing the demand for solar energy in America skyrocket, and the benefits that brings to both our nation’s economy and environment are staggering,” said Rhone Resch, SEIA President and CEO. “As we gear up for what’s expected to be an unprecedented year for our industry, and nation, this report reveals just how important it is to maintain smart, effective, forward-looking public policies, like the ITC.”

Key Findings from the Report:

  • The U.S. installed 1,361 MWdc of solar PV in Q3 2015, marking the eighth consecutive quarter in which the U.S. added more than 1 GWdc of PV installations.
  • Throughout the first three quarters of 2015, 30% of all new electric generating capacity brought on-line in the U.S. came from solar.
  • As of Q3 2015, more than 50% of all states in the U.S. have more than 50 MWdc of cumulative solar PV installed.
  • Totaling 18.7 GWdc, the current utility PV development pipeline is greater than all U.S. PV installations brought on-line through the end of 2014.
  • GTM Research forecasts that 7.4 GWdc of new PV installations will come on-line in 2015, up 19% over 2014. Growth will occur in the residential and utility PV segments, while for the second straight year, non-residential solar will dip 5%.
  • 2014 was the largest year ever for concentrating solar power, with 767 MWac brought on-line. The next notable CSP project slated for completion is SolarReserve’s 110 MWac Crescent Dunes, which entered the commissioning phase in 2014 and is expected to become fully operational by early 2016.


[i] Unless specified otherwise, all PV is reported in direct current (dc) based on array size and all CSP is reported in alternating current (ac) based on power block size. For more information, see http://www.seia.org/policy/solar-technology/photovoltaic-solar-electric/whats-megawatt


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About U.S. Solar Market Insight:

The U.S. Solar Market Insight report is the most detailed and timely research available on the continuing growth and opportunity in the U.S. The report includes deep analysis of solar markets, technologies and pricing, identifying the key metrics that will help solar decision-makers navigate the market's current and forecasted trajectory. For more information, visit www.greentechmedia.com/research/ussmi

About SEIA®:

Celebrating its 41st anniversary in 2015, the Solar Energy Industries Association® is the national trade association of the U.S. solar energy industry. Through advocacy and education, SEIA® is building a strong solar industry to power America. As the voice of the industry, SEIA works with its 1,000 member companies to champion the use of clean, affordable solar in America by expanding markets, removing market barriers, strengthening the industry and educating the public on the benefits of solar energy. Visit SEIA online at www.seia.org.

About GTM Research:

GTM Research, a division of Greentech Media, provides critical and timely market analysis in the form of research reports, data services, advisory services and strategic consulting. GTM Research's analysis also underpins Greentech Media's webinars and live events. Our coverage spans the green energy industry including solar power, grid edge and energy storage.

Sunday
Dec062015

Watchdog - Solyndra - but five times bigger!

 

 

 

 

 

 

 

Solyndra times five: What’s up with the $2.65 billion in federal loans to Abengoa?

 

 

 

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