The following is an excerpt from an Energy Solutions Forum Policy Primer for the New York Energy Week Series Breakfast, Solar Financing Market Perspectives.
Solar energy provides significant amounts of electricity with no direct greenhouse gas emissions. Investment tax credits for solar energy projects, federal funding programs and renewable energy portfolios have increased the industry’s ability to complete utility-scale, residential and commercial operations. In the last year, the solar energy market for photovoltaics (PV) grew by 76 percent, and Department of Energy (DOE) funding contributed to the completion of eight new PV projects. The Department of the Interior’s Bureau of Land Management (BLM) has identified more than 19 million acres of public lands with excellent solar energy potential and has approved 18 utility-scale solar energy projects on these lands, with an additional 80 applications under review for projects in Arizona, California and Nevada.
You can read the rest of the primer here.
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