Dozens of major corporations and global brands signed a letter to Congressional leadership, urging them to pass measures in upcoming COVID-19 recovery legislation that will spur clean energy growth.
We can rebuild our economy better than before by enacting commonsense policies that spur longterm growth for solar, including modifying the solar Investment Tax Credit (ITC), streamlining the permitting process for solar projects, supporting domestic manufacturing of clean energy technologies, and investing in our nation’s electricity infrastructure. Investing in solar energy can create hundreds of thousands of jobs while addressing climate change and lowering costs for consumers.
Nearly 650 solar companies signed a letter to Congress on July 13, 2020, urging them to include policies that will support the solar industry as the U.S. recovers from COVID-19. The list includes many of the largest manufacturers, owners, developers, installers and operators of solar projects across the country.
WASHINGTON, D.C. — Today the House Ways and Means Committee introduced the Growing Renewable Energy and Efficiency Now (GREEN) Act as a part of the $1.5 trillion House infrastructure package released earlier this week.
As Congress looks to put Americans back to work in response to the COVID-19 crisis, the clean energy economy offers an enormous opportunity. Clean energy industries such as solar were among the fastest-growing sectors of the economy before the pandemic hit, with significant potential to create new jobs and spur the investments that are needed to put the U.S. back on track.
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.
Like many American industries, the solar industry has been hit hard by COVID-19. Compounding issues, including supply chain delays, tightening of tax equity markets, homeowners’ financial concerns, shelter-in-place orders, and permitting challenges are all placing tremendous pressure on the industry. Without strategic government action, U.S. jobs and economic investment will suffer. With the right policies in place, the solar industry is poised to lead the U.S. out of this economic recession and create jobs for thousands of Americans.