New Study: Solar Industry Poised to Create 200,000 Jobs with Stimulus Extensions

The Solar Energy Industries Association (SEIA) today released an independent study projecting the positive economic impact of the Department of Treasury Grant Program (TGP) and the Manufacturing Investment Tax Credit (MITC). The study found that extending the TGP and MITC by two years would add 200,000 new domestic jobs to the solar workforce and supporting industries in the United States. Additionally, it would result in 10 gigawatts (MW) of new solar installations by 2016 – enough to power 2 million homes. “The clean energy grant program created in last year’s stimulus bill allowed enough renewable energy to come on line to power four cities the size of Seattle and create over 140,000 new jobs,” Senator Maria Cantwell (D-WA) said. “Extension of the Treasury Grant program is essential to continuing our nascent economic recovery and moving to a cleaner, more distributed 21st energy system.

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