A new report from Bloomberg New Energy Finance (BNEF) predicts substantially more solar generating capacity will get built in the United States, and a major industry downturn will be avoided, if the federal solar investment tax credit (ITC) is extended at its current level. In a separate analysis, pairing the BNEF forecast with the Jobs and Economic Development Impacts model (JEDI) developed by National Renewable Energy Laboratory (NREL), the Solar Energy Industries Association (SEIA) found the U.S. would lose more than 80,000 solar jobs during 2017 alone without an ITC extension.
(PRWeb September 15, 2015)
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