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Thursday, Jan 28, 2021

Solar Picks Up a Big Win on the Heels of a Consequential Year

Last year was a year like no other, filled with pain and suffering, resilience, bravery and immense uncertainty. The holidays, normally a time to unwind and decompress with loved ones, looked much different this year for most Americans.

Monday, Dec 21, 2020

COVID Aid Package Makes Initial Commitment to a Clean Energy Recovery

WASHINGTON, D.C. – Congress has passed broad end-of-year legislation that includes significant benefits for solar energy. The full legislative package combines a $900 billion COVID-19 relief package and an omnibus spending bill for 2021 with tax extenders and energy policy changes. The legislation provides a two-year extension of the solar Investment Tax Credit (ITC) and additional funding for research and development, including on soft costs critical to distributed energy deployment and support for more sensible access to federal lands for renewable energy projects.

Wednesday, May 27, 2020

SEIA Statement on Treasury Department Guidance on Safe Harbor Change

WASHINGTON, D.C. — New guidance from the Treasury Department confirms that the safe harbor provisions for the solar Investment Tax Credit will be extended until October 15 as a result of the pandemic, giving solar companies more time to qualify for the important credit.

Tuesday, Oct 22, 2019

Hundreds of Mayors Call on Congress to Extend the Solar Investment Tax Credit

A bipartisan group of 231 mayors sent a letter to Congress today urging them to pass the Renewable Energy Extension Act, a five-year extension of the solar Investment Tax Credit.

Tuesday, Sep 24, 2019

Forecast: Solar Tax Credit Extension Would Boost Jobs, Economy and Climate Fight

An extension of the solar Investment Tax Credit (ITC) would spark $87 billion in new private sector investment and add 113,000 American jobs over baseline estimates by 2030

Thursday, Jul 25, 2019

House and Senate Introduce Legislation for 5-Year Extension of the Solar Investment Tax Credit

Senator Catherine Cortez Masto (D-NV) and Representatives Mike Thompson (D-CA), Paul Cook (R-CA), and Brian Fitzpatrick (R-PA) today introduced companion bills with a five-year 30% extension of Section 48 and Section 25D Solar Investment Tax Credits (ITC). The Renewable Energy Extension Act will call for the extension of the tax credits.

Wednesday, Jul 17, 2019

Nearly 1,000 Solar Companies Rally Behind Proven, Bipartisan Investment Tax Credit

WASHINGTON, D.C. - Nearly 1,000 companies from across the U.S. solar industry supply chain today sent a letter to Congress calling for the extension of the Section 48 and Section 25D solar investment tax credits (ITC).

Wednesday, Jun 19, 2019

Solar Industry Supports Senate Letter Urging Solar Tax Credit Extension

The ITC is a common-sense policy that helps every day Americans, whether it’s on a house, within a community, or on a tract of farm land. Until we have comprehensive legislation addressing climate change, the ITC is the strongest policy there is to incent clean energy development. We already know that the ITC has generated hundreds of thousands of jobs and injected more than $140 billion in private investment into the economy.

Friday, May 24, 2019

Solar Industry Urges Gov. Abbott to Extend Tax Abatement Program

AUSTIN, TX and WASHINGTON, D.C.—Today, the solar industry voiced support for the Texas House of Representatives for passing a 10-year extension of Chapter 312, a section of tax code that enables property tax abatements for companies bringing new investment and jobs to Texas. The legislature sent this tax abatement extension that includes renewable energy provisions to Governor Abbott for signature. Following is a statement from Katherine Gensler, vice president of regulatory affairs for the Solar Energy Industries Association:

Friday, Jun 22, 2018

SEIA: IRS Investment Tax Credit Guidance Will Help Solar Projects Take Off

The Internal Revenue Service (IRS) today released guidance establishing when construction starts for solar projects under tax law, allowing developers to invest with confidence in new solar projects.

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