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

S-5!® PVKIT™ 2.0 Solar Rooftop Solutions

S-5!® PVKIT™ 2.0 Solar Rooftop Solutions

The concept of combining PV arrays with standing seam metal roofing is growing-for good reasons. Metal roofs have a life expectancy of more than 40 years. Shouldn't the mounting system last as long? With S-5! zero-penetration attachment technology and PVKIT 2.0, the solarized metal roof is the most sustainable system available -and without compromising roof warranties! PVKIT 2.0 is the also the best solution for attaching PV modules directly to any exposed fastener metal roof.