Saturday, February 7, 2009

GT Solar reflects on US government support of solar industry

And then there’s solar power. GT Solar of Merrimack, NH, my home town had to cut down a few jobs when orders slowed their delivery dates. They haven’t had anyone cut their order yet, just slow it down.
What’s needed to grow the renewable energy market in the U.S.? The serious downturn in the economy and the high price of oil has caused many in both the private sector and government to take a renewed looks at solar according to Fred Kocher, government relations specialist at GT Solar. Three states are leading the way when it comes to the use of solar energy: California, New Jersey, and New Mexico. As more states and consumers and electric utilities embrace solar energy, it will become a more significant part of the energy mix in the US as it is in Germany and Japan,” said Kocher. “We are encouraged by the DOE Grant Program created in section 1721 of H.R. 598 of The American Economic Recovery and Reinvestment Plan being considered by Congress,” However, there are two changes necessary to ensure that solar receives the same treatment as other renewable energy sources under this program, and to ensure that solar projects can commence. One, solar projects should be eligible for the grant program if construction has commenced by December 31, 2010. And two, the ITC for solar projects should be temporarily increased to 45% during 2009 and 2010.”
Energy independence, that’s what we all need. And that’s the electronics industry round up from the top of my desk to you. --G

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