23 Apr '15, 4pm

3 Solar Trends To Watch After the First Quarter of 2015

The U.S. solar industry closed its first quarter on March 31. So where does the U.S. industry stand at the quarter pole of 2015? Here are three trends we’re watching: 1. The pending expiration of the investment tax credit (ITC) in 2016 is the top issue facing the industry. During the financial crisis in late 2008, Congress passed an eight-year extension of the ITC. For the past few years the Solar Energy Industries Association (SEIA) has been working behind the scenes to get an extension of the ITC. Now, with the expiration deadline only 18 months away, the issue is becoming extremely serious . President Obama recently called for a permanent extension, and SEIA is pressing Congress to follow that direction. But this will not happen without a full-court press by everyone involved in the solar industry, from installers and manufacturers to consumers and local governments. It...

Full article: http://www.renewableenergyworld.com/rea/news/article/2015...

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