NewEnergyNews More: SOLAR APPLAUDS OBAMA SOTU SUPPORT

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  • Wednesday, January 21, 2015

    SOLAR APPLAUDS OBAMA SOTU SUPPORT

    President Praises Solar Progress in State of the Union Speech

    January 20, 2015 (Solar Energy Industries Association)

    Citing its continued growth, President Obama once again has singled out solar energy in his annual State of the Union (SOTU) speech. Afterward, Solar Energy Industries Association (SEIA) President/CEO Rhone Resch applauded President Obama for making the development of solar energy a top priority when he first took office six years ago and for never abandoning his beliefs in its importance. Resch added that there is an estimated 20 gigawatts (GW) of installed solar capacity nationwide and another 20 GW in the pipeline over the next two years, benefitting both the economy and the endangered environment. There are also, he said, 173,000 Americans currently working in the U.S. solar industry. Growth, Resch pointed out, has been driven by effective and forward-looking public policies, such as the solar Investment Tax Credit (ITC), net energy metering (NEM) and renewable portfolio standards (RPS). click here for more

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