Close

U.S. solar group pushing Biden to end tariffs, extend subsidies

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back

Related stories

RWE Solar Projects in Germany Secure Major Tender Approval

In the most recent solar tender conducted by the...

DOE Selects 11 Projects for Nuclear Reactor Pilot Program

The U.S. Department of Energy (DOE) has formally launched...

Aramco Signs $11b Jafurah Midstream Deal With GIP Consortium

Jafurah Midstream Gas Company has secured a major foreign...

Equinix Enters Nuclear Deal With SMR Developers to Power DCs

In an effort to diversify its power portfolio, global...

The U.S. solar industry on Tuesday laid out a list of policies it says could be enacted early next year as President-elect Joe Biden works to deliver on his pledge to ramp fire up clean energy development to create jobs and fight climate change.

The Solar Energy Industries Association, the top U.S. solar trade group, is banking on the support of a Biden administration to achieve its goal of providing 20% of U.S. electricity by 2030, up from just 3% currently.

While the industry has grown rapidly under the administration of Donald Trump, the president has voiced skepticism about the technology and in 2018 imposed steep tariffs on imported panels that dominate U.S. supplies.

Among the $18 billion solar industry’s top asks would be an executive order to lift those tariffs, SEIA President Abigail Ross Hopper said on a conference call with reporters. The tariff at first increased the price of imported panels by 30% and have dropped by 5% ever year. They are scheduled to fall to 18% next year before ending in 2022.

Solar companies also want Congress to extend by five years lucrative tax credits for solar energy systems that have begun to phase out. They want the credit to remain at the original 30% level for five years, SEIA said, and are also seeking a similar credit for energy storage.

The tax credit will help solar keep up its momentum as the economy recovers from the coronavirus pandemic and “provide a roadmap for getting people back to work,” Hopper said.

Four other top priorities include pushing Biden to appoint a “climate czar” who would advance an environmental justice agenda, name Federal Energy Regulatory Commissioners who support clean energy, incentivize development of renewable energy on federal lands, and develop policies that would invest in domestic manufacturing.

 

 

Latest stories

Related stories

RWE Solar Projects in Germany Secure Major Tender Approval

In the most recent solar tender conducted by the...

DOE Selects 11 Projects for Nuclear Reactor Pilot Program

The U.S. Department of Energy (DOE) has formally launched...

Aramco Signs $11b Jafurah Midstream Deal With GIP Consortium

Jafurah Midstream Gas Company has secured a major foreign...

Equinix Enters Nuclear Deal With SMR Developers to Power DCs

In an effort to diversify its power portfolio, global...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back