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Solar Economics Forum USA
The Meeting Place for U.S. Solar Policy and Business
The U.S. solar industry could become the largest solar market in the world and solar can play a significant role in the U.S. energy mix, providing a viable option that addresses environmental and security issues.
Despite the global economic crisis, the total capacity of solar energy grew by 1,265 megawatts (MW) in 2008 according to the Solar Energy Industries Association. Capacity in photovoltaic (PV) grew at record levels. And while no new concentrating solar power (CSP) plants were completed in 2008, projects totalling more than 6,000 MW are in the pipeline most with signed purchase power agreements.
Recent legislation, such as the Emergency Economic Stabilization Act of 2008 (EESA) extended the 30-percent federal Investment Tax Credit (ITC) for solar installations for 8 years and also allows utilities to benefit directly from the ITC. Billions of dollars will be invested under the American Recovery and Reinvestment Act of 2009 confirming President Obama’s support of renewable energy sources, including solar. It is clear that the U.S. will have the long term stability for the development of residential, commercial and large-scale solar.
Many state and local governments have also adopted innovative policies to speed the adoption of solar energy and now many states are considering legislation that would modify current programs and as well as how they will implement the American Reinvestment and Recovery Act.
The 12th edition of our Global Solar Series, Solar Economics Forum USA aims to bring together leading solar industry players to explore the economics of the solar industry, understand the impact of current policies and find ways to further accelerate market growth and cut costs to reach grid parity.
Event Details
Website: http://www2.greenpowerconferences.co.uk/v8-12/Prospectus/Index.php?sEventCode=SP0909US
Event Date: 09/09/2009
Event Location: Washington, DC, USA
Contact Email Address: annie.ellis@greenpowerconferences.com
Contact Phone Number: +44 207 099 0600