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USA’s Photo voltaic & Storage Growth on Show in 2024 State of the Union


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WASHINGTON D.C. — Following is an announcement from Abigail Ross Hopper, president and CEO of the Photo voltaic Vitality Industries Affiliation (SEIA), on President Biden’s State of the Union deal with: 

“Tonight, the president made clear that producing electrical energy from diversified power sources is the one manner we’ll have the ability to meet America’s rising demand for electrical energy.

“Final yr, greater than half of the electrical energy added to the grid capability got here from photo voltaic, the primary time in 80 years {that a} renewable power supply accounted for a majority of annual capability additions.

“Almost half of all photo voltaic capability on the grid at this time has been put in within the final three years, producing over $120 billion of personal funding and hundreds of jobs throughout all 50 states.

“Professional-business, pro-growth clear power legal guidelines handed underneath this administration have accomplished extra for home photo voltaic manufacturing than any program or coverage in U.S. historical past. If we keep the course with these insurance policies, photo voltaic deployment will quadruple, and America’s photo voltaic manufacturing workforce will develop to 100,000 jobs over the subsequent decade. We’ve got the legal guidelines in place we have to break away from our reliance on imports and construct a powerful, American-made power future that helps us breathe cleaner air and lead more healthy lives.

“The transition to scrub power is a chance to create jobs, construct up the center class, reverse a long time of environmental injustice and construct a extra inclusive power financial system. The photo voltaic and storage trade will add over half a trillion {dollars} to the financial system over the subsequent decade, and we’re centered on guaranteeing each American advantages from this financial growth.

“We’ve got extra work to do to totally notice a future powered by renewables. We help President Biden’s clear power imaginative and prescient and stay up for persevering with this work all through 2024 and past.”


About SEIA®: The Photo voltaic Vitality Industries Affiliation® (SEIA) is main the transformation to a clear power financial 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 neighborhood 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 TwitterLinkedIn and Instagram.

Courtesy of SEIA.


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