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Final Up to date on: fifteenth August 2025, 06:55 pm
WASHINGTON D.C. — Following is a press release from Abigail Ross Hopper, president and CEO of the Photo voltaic Power Industries Affiliation (SEIA) on new Treasury Division steering narrowing “Begin Development” guidelines for vitality tax credit:
“The Treasury Division’s new steering to additional prohibit vitality tax credit is a part of an unprecedented facet deal the administration made with anti-clean vitality ideologues to undermine Congress and additional hurt America’s photo voltaic trade. It is a blatant rejection of what Congress handed in H.R. 1, and it threatens hundreds of small companies throughout the nation which can be the spine of our clear vitality economic system.
“That is yet one more act of vitality subtraction from the Trump administration that may additional delay the buildout of inexpensive, dependable energy. American households and companies pays extra for electrical energy because of this motion, and China will proceed to outpace us within the race for electrical energy to energy AI.
“SEIA is fastidiously reviewing the steering and evaluating subsequent steps to guard the trade’s and America’s pursuits, as we’ve been since this facet deal was introduced final month. Within the meantime, we urge the Trump administration to cease the political video games, cease punishing companies, and get critical about the right way to truly construct the facility we want proper now to satisfy demand and keep aggressive.”
About SEIA®:
The Photo voltaic Power Industries Affiliation® (SEIA) is main the transformation to a clear vitality economic system, creating the framework for photo voltaic to attain 30% of U.S. electrical energy technology by 2030. SEIA works with its 1,000 member corporations and different strategic companions to battle for insurance policies that create jobs in each group and form truthful market guidelines that promote competitors and the expansion of dependable, low-cost solar energy. Based in 1974, SEIA is the nationwide commerce affiliation for the photo voltaic and photo voltaic + storage industries, constructing a complete imaginative and prescient for the Photo voltaic+ Decade by analysis, schooling and advocacy. Go to SEIA on-line at www.seia.org and comply with @SEIA on LinkedIn and Instagram.
Press launch from SEIA.
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