Find out how much you can save with solar!

Zip Code
Solar Power Home  >  Growth, goals noted at anniversary of Recovery Act
Categories
 
Latest Articles
Solar Power Systems
Posted: 2010-03-12
Solar power systems are a great way to reduce your energy costs dramatically, while adding a great deal of value to your property. Find out how they actually work wby reading this article.
5 Top Businesses to Benefit from Solar Power
Posted: 2009-11-03
In the Commercial climate, there are many businesses that stand to save thousands by utilizing solar for some or all of their energy usage needs.
 
Latest Tweets
MySolarElectric
$89000 — Amount Romney Could Save on Electric Bill by Going Solar: Republican presidential front runner Mitt Rom... http://t.co/XTEIigRS
 
SustEarth
There is nothing stronger in the world than gentleness. - Han Suyin http://t.co/Q5sofnbw

Growth, goals noted at anniversary of Recovery Act

Posted: 2010-02-18


The Solar Energies Industry Association marked the one-year anniversary of the American Recovery and Reinvestment Act Wednesday by noting development within the solar industry and setting priorities for the future.

"The purpose of the bill was to stimulate immediate job growth with a strong emphasis on clean energy technologies like solar," said SEIA President and CEO Rhone Resch, "And that is exactly what happened."

About 18,000 solar energy jobs were created in 2009, according to the report. More than 50 solar manufacturing plants are now under construction. Resch said that momentum from a new jobs bill could create up to 20,000 jobs within the solar industry this year.

Citing a scarcity of tax equity, SEIA has asked Congress to extend the Treasury Grants Program through the end of 2012. Furthermore, it suggested expanding eligibility for the Department of Energy's loan program from only commercial projects to any new or significantly improved technologies. Establishing a Clean Energy Deployment Administration should also be a priority, according to the report.

In addition to solar incentives, the Recovery Act has increased federal funding for education and healthcare by $224 billion. It made $275 billion available for federal contracts, grants and loans and required recipients to report quarterly on spending.