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.
Sahir Surmeli for National Law Review: Early Wednesday morning Congressional leaders reached agreement on a year-end spending and massive tax deal that would prevent a government shutdown and extend a series of tax breaks that benefit businesses and individuals. The agreement has major implications for the future of the energy industry and is being hailed by many as a dramatic victory for those in the renewable energy community. The Investment Tax Credit (ITC), which was slated to drop to 10 percent from 30 percent for solar systems on commercial properties after 2016, would now remain at 30 percent for projects that start construction by December 31, 2019. Projects that start construction in 2020 would qualify for a 26 percent credit and that level would drop to 22 percent for facilities started in 2021. From 2022 on it would remain at 10 percent. Cont'd...
Prices cluster around $3-$4 per watt for residential, $2-$3 for nonresidential and utility-scale
New management structure promotes the internationalization of Intersolar exhibitions and strengthens the Conference Program worldwide
Big commercial solar roofs and solar farms officially cut out of Renewables Obligation support scheme
Renewables Obligation support will close to all solar as of next April ---- Concerns remain over removal of critical 'grandfathering guarantee
Industry consolidation likely but solar can still be a reasonable investment --- Serious concerns remain about whether cost-control mechanism will work for market --- Following Paris agreement, Government must introduce other measures to boost solar power
CGE Energy has made energy projects possible for commercial and non-profit facilities, without having to rely on government stimulus.
The Tolson solar project will be one of the first tracking installations with CIS thin-film solar modules in the state.
The Leading Networking and Dealmaking Event of the Year for the Wind Industry
First Renewable Energy Projects Installed by Onyx Renewable Partners on U.S. Military Bases as Part of Strategic Alliance with Corvias Solutions
Financing for Projects Secured from RBC Capital Markets
"UCSB is renowned for programs to protect the environment and promote sustainability"
"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."
- ASUR will buy power generated by the plant
The solar farm industry is experiencing dramatic growth and ISS has plans to be a dominant player.
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