New Study: Solar Industry Poised to Create 200,000 Jobs with Stimulus Extensions

The Solar Energy Industries Association (SEIA) today released an independent study projecting the positive economic impact of the Department of Treasury Grant Program (TGP) and the Manufacturing Investment Tax Credit (MITC). The study found that extending the TGP and MITC by two years would add 200,000 new domestic jobs to the solar workforce and supporting industries in the United States. Additionally, it would result in 10 gigawatts (MW) of new solar installations by 2016 – enough to power 2 million homes. “The clean energy grant program created in last year’s stimulus bill allowed enough renewable energy to come on line to power four cities the size of Seattle and create over 140,000 new jobs,” Senator Maria Cantwell (D-WA) said. “Extension of the Treasury Grant program is essential to continuing our nascent economic recovery and moving to a cleaner, more distributed 21st energy system.

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

MORNINGSTAR - GenStar MPPT

MORNINGSTAR - GenStar MPPT

GenStar MPPT is the industry's first fully integrated solar DC charging system, an all-new design with "lithium DNA" from the leader in charge controllers. Out of the box, GenStar is an overachiever-delivering legendary Morningstar quality, efficiency, power and reliability along with the latest in advanced communications and control technologies. All the most installer-requested features are on-board; additional features can be easily added via Morningstar's ReadyBlock expansion technology, with snap-in blocks that provide battery metering and monitoring, signaling and load control, and lithium battery communications/control