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Press Releases

REFF-Wall Street: The Financial and Renewable Energy Industries Combine to Celebrate Growth and Plan for the Future

At the premier renewable energy financing event of the year, Wall Street professionals, policymakers, project developers, and corporate buyers share ideas and deal opportunities for the modern energy industry.

For Immediate Release – June 23, 2016

New York, NY – The 13th annual Renewable Energy Finance Forum-Wall Street (REFF-Wall Street) concluded after two days of in-depth discussion, debate and review of renewable energy markets in the United States and around the globe. Coming off a record-setting year for renewable energy investment, REFF-Wall Street drew a dynamic mix of leaders from investment banks, institutional investors, venture capital firms, government and other energy professionals.

ACORE Statement on Governor Hogan’s Decision to Veto the Maryland Clean Energy Jobs Bill

With his decision to veto an increase to Maryland’s Renewable Portfolio Standard, the Governor has missed an opportunity to drive in-state private investment and economic growth.

For Immediate Release – May 28, 2016

Washington, D.C. – In response to Maryland Governor Larry Hogan’s decision to veto Senate Bill 921 – Clean Energy Jobs – Renewable Energy Portfolio Standard Revisions, the President and CEO of the American Council on Renewable Energy (ACORE), Gregory Wetstone, issued the following statement:

“With this veto, the Governor is turning his back on billions of dollars in new, private sector investment for Maryland. What’s more, national data shows that the states with higher levels of renewable energy actually have lower, rather than higher, electricity prices. Fortunately, we are optimistic that the General Assembly will correct this mistake with a bipartisan override vote early next year.”

The American Council On Renewable Energy Celebrates the Signing of the Paris Agreement

For Immediate Release – April 22, 2016

Washington, D.C. Today, at a United Nations ceremony in New York, Secretary of State John Kerry signed the Paris climate deal that resulted from global negotiations at December's COP21. This steps moves the United States closer to bringing the agreement into force and marks an important unification of nations to collectively address the threat of climate change. 

The American Council On Renewable Energy (ACORE) represents over 200 major companies and players in the renewable energy industry, and today applauds the United States' action to back the Paris climate deal. 

ACORE Stands in Support of Tech Companies’ Backing for EPA’s Clean Power Plan

Today’s amicus brief filed by Amazon, Google, Apple and Microsoft in State of West Virginia, et al v. EPA shows important support for climate action from America’s top tech companies

For Immediate Release – April 1, 2016

Washington, D.C. – Today, the American Council On Renewable Energy (ACORE) applauded its members Google and Amazon, accompanied by Apple and Microsoft, for interceding on behalf of the EPA in the legal challenge to the Clean Power Plan. These companies, collectively referred to as the “Tech Amici,” filed an amicus brief in the United States Court of Appeals for the D.C. Circuit in State of West Virginia, et al v. EPA.

“This legal action is part of a much broader phenomenon,” said Gregory Wetstone, President and CEO of ACORE. “Tech companies and Fortune 500 businesses across America are increasingly turning to renewable energy to provide carbon-free power for their operations. Their actions speak volumes about the commitment of American business leaders, especially in the high tech sector, to cost effectively reduce their carbon footprint, and deliver value to customers and shareholders alike. We are proud to have Amazon and Google as member companies, and we commend them, along with Apple and Microsoft, for weighing in on behalf of EPA’s Clean Power Plan.”

The American Council On Renewable Energy Announces New Members Appointed to its Board of Directors

For Immediate Release – March 24, 2015

Washington, D.C. – The American Council on Renewable Energy (ACORE) is pleased to announce new members of its 2016 Board of Directors: Frank Armijo, Vice President, Lockheed Martin Energy; Skip Grow, Managing Director, Morgan Stanley; and Shannon Kellogg, Director of Public Policy, Amazon.

“I am delighted to welcome our Board members,” said Gregory Wetstone, ACORE’s President and Chief Executive Officer. “The participation of these leading corporate players is a testament to the growing importance of renewable energy across the American economy, and a tremendous help to ACORE as we advance the policies and financial structures essential to the transition to a renewable energy economy.”

Dan Reicher, ACORE Board Chairman and Executive Director of the Steyer-Taylor Center for Energy Policy & Finance at Stanford University, added, “I am eagerly anticipating Frank, Skip, and Shannon joining the board, given their impressive backgrounds and strong commitment to renewables.”

Renewable Energy Industry Gives Strong Showing at 2016 National Policy Forum

The growing industry looks to the future on policies to unlock market expansion, aid in grid integration and continue to lower carbon emissions, via collaboration with Congress and the federal government

For Immediate Release – March 21, 2015

Washington, D.C. – The renewable energy industry came together last week to discuss energy, tax and climate policies at the annual National Renewable Energy Policy Forum, hosted by the American Council On Renewable Energy (ACORE). In the wake of a historic tax policy update in 2015, speakers and participants at the Forum predicted a bright future of economic growth, job creation and dramatically increasing renewable power generation.

“It was a hugely productive meeting that included comments from many of our most important champions. Throughout the history of this country, energy policy has always played a critical role in keeping America competitive and driving economic growth – and today is no different,” said Gregory Wetstone, President and CEO of ACORE. “The transition to a low carbon economy will be accompanied by new jobs and tremendous economic opportunity.

The American Council On Renewable Energy Praises Governors’ Accord for a New Energy Future

Bipartisan group of 17 Governors sign clean energy agreement to secure a prosperous future for the country

For Immediate Release – February 17, 2016

Washington, D.C. – The American Council On Renewable Energy (ACORE) applauds the bipartisan group of 17 governors that recently signed the Governors’ Accord for a New Energy Future and for their leadership on renewable energy growth for a prosperous future.

“States are helping catalyze the energy revolution and these governors should be commended for their foresight,” said ACORE President and CEO, Gregory Wetstone. “They have demonstrated that smart and sensible action on energy and climate does not need to be a partisan battle. Cost-competitive renewables can be implemented in smart ways in every state in the nation.”

ACORE Statement on the Supreme Court's Stay of the Clean Power Plan

For Immediate Release – February 9, 2016

Washington, D.C. - Reacting to news of the Supreme Court's decision to stay the EPA's Clean Power Plan, ACORE released the following statement on the decision and expressed hope for a path forward on effective climate regulations under the Clean Air Act:

“Today’s Supreme Court decision is a major setback to efforts to carry out one of the most important rulemakings in the EPA’s history,” said Gregory Wetstone, President and CEO at the American Council On Renewable Energy (ACORE). “But this is not the end of the story. Public and private sector momentum behind the shift to lower carbon power generation will continue. There is every reason to anticipate that, in the end, the Court will affirm that the Clean Air Act does indeed provide authority to address the greenhouse emissions that are changing the global climate, consistent with the international consensus reached in Paris barely two months ago.”

The American Council On Renewable Energy Announces 2016 Board Of Directors Election Results

For Immediate Release – January 20, 2016

Washington, D.C. – The American Council On Renewable Energy (ACORE) is pleased to announce its 2016 Board of Directors election results: Joseph Desmond, Senior Vice President of Marketing & Government Affairs, Bright Source Energy and Matt Ferguson, Counsel, Kilpatrick Townsend & Stockton LLP were reelected to the board. The board also welcomes new members Mona Dajani, Partner, Baker & McKenzie LLP and Rob Morgan, Chief Strategy Officer, Exec. VP, Business Development, Renewable Energy Systems Americas Inc. (RES).

ACORE's New Leadership Applauds Tax Deal

Incoming President and CEO Greg Wetstone praises legislation for renewable energy

For Immediate Release – December 16, 2015

Washington D.C. – In response to today's joint tax extenders-omnibus deal, reached in an overwhelming bipartisan manner by both the House and Senate, ACORE's leadership applauded the deal for renewable energy.

“Congress is taking an important step forward with their agreement to extend the tax credits for renewable energy.  The tax package provides critical policy certainty for the solar and wind energy sectors with phase-down schedules that provide vital guidance for business and investment planning,” said Gregory Wetstone, incoming President and CEO at the American Council On Renewable Energy (ACORE). “This is essential progress, but there is more work to be done in support of other renewable energy technologies whose credits were not extended past 2016.”

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