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Press Releases

Over 3 Million in U.S. Now Work for Clean Energy

National business groups, citing government statistics, say jobs providing cleaner energy options equal those in retail stores, twice those in building construction

For Immediate Release – February 22, 2017

WASHINGTON, D.C. - Today, national business groups representing the range and breadth of clean energy companies in the United States cheered government statistics showing their industries support more than 3 million American jobs – equal to the employment of retail stores across the country, and twice as many jobs as involved in construction of buildings. This is based on 2016 data recently released by the U.S. Department of Energy (DOE) in its second annual U.S. Energy and Employment Report.

The American Council On Renewable Energy Applauds Maryland’s Renewable Energy Leadership

Maryland Legislature Overrides Governor’s Veto, Approving Expansion of the State’s Renewable Portfolio Standard

For Immediate Release – February 3, 2017

Washington, D.C. – The Maryland Senate, following similar action by the House earlier this week, voted to override Governor Larry Hogan’s veto of legislation to increase the use of renewable energy in the state. The Clean Energy Jobs Act (SB 921), which raises the state’s renewable portfolio standards (RPS) by 5% to 25% renewable energy power generation by 2020, passed with overwhelming support (88-51) from lawmakers.

The American Council On Renewable Energy Praises Google’s 100% Renewable Energy Achievement

Google Purchases Enough Renewable Energy To Match Its Global Operations in 2017

For Immediate Release – December 6, 2016

Washington, D.C.—The American Council On Renewable Energy (ACORE) applauds Google on today’s announcement that the company will reach its goal of powering its global operations – including data centers and offices - with 100% renewable energy in 2017.

“I am delighted to celebrate this huge milestone with one of ACORE’s leading member companies,” said Gregory Wetstone, ACORE’s President and Chief Executive Officer. “Google has been committed to large-scale, long-term renewable energy contracts for many years – and its paying off. This impressive early achievement of Google’s 100% renewable energy goal is a definitive demonstration that renewable energy is cost-effective and readily available at scale today.” A key factor in such a rapid progress is that the cost of wind and solar technologies have decreased by 60 percent and 80 percent, respectively, over the last six years. As a result, renewable energy projects have delivered increasingly affordable and reliable power across the globe.

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

Senior executives from energy, finance sectors to assume leadership role at renewables organization

For Immediate Release – November 15, 2016

Washington, D.C. — The American Council on Renewable Energy (ACORE) announced the election of five new members to its Board of Directors. The newly elected members include major players from the financial, renewable energy industries, and are a significant addition to ACORE’s already outstanding Board.

“I am gratified to have such a stellar new Board class,” said Greg Wetstone, ACORE’s President and Chief Executive Officer.  “That such an impressive group is willing to serve, speaks well for ACORE, and also for the promise of the renewable energy sector.  Our challenge now is to deliver at a level worthy of our exceptional Board, as ACORE works to accelerate the transition to a renewable energy economy.” 

ACORE Statement On The Presidential Election Results

Statement of Gregory Wetstone, President & CEO, American Council On Renewable Energy

For Immediate Release – November 9, 2016

Washington, D.C. – "The American Council On Renewable Energy (ACORE) stands ready to work with the Trump Administration and Congress to keep America's renewable energy industry strong.  With hundreds of thousands of American jobs, and U.S. investment levels over $44 billion last year, the renewable energy industry is a crucial part of our country’s economy and a mainstream source of affordable electricity for millions of Americans.  Working with our members, including many of the nation’s leading companies and energy industry investors, ACORE will actively engage the new Administration and Congress to ensure that Americans have increasing opportunities to save, work, and prosper through renewable power."

Western finance, renewable leaders convene urgent energy discussion

New research on storage, PPAs released as Paris Agreement to enter into force.

For Immediate Release – November 1, 2016

San Francisco, CA – Today leaders on renewable energy, including investors and corporate consumers, gathered at ACORE Finance West in San Francisco to help accelerate policies and investments that boost renewable energy in the Western U.S. New research was also released on energy storage and power purchase agreements with a focus on the Western U.S.’s renewable energy markets.

Senior executives from leading companies like NIKE, Google, Morgan Stanley and Citigroup joined California's energy regulators in a discussion of the top priorities for accelerating renewable energy development in the West, amid economic and political uncertainty. The discussion was particularly timely, with the Paris Agreement on climate change expected to enter into force later this week.

Media Advisory: ACORE Finance West 2016

MEDIA ADVISORY acore logo small
October 10, 2016

ACORE Finance West Media Contact:
Anna Hahnemann, ACORE
hahnemann@acore.org; (202) 777-7548

 

Western U.S. Market for Renewables in Focus at ACORE FInance West

Financiers, CEOs & corporate purchasers to confront key issues facing sector 

San Francisco, CA – On November 1, 2016, major renewable energy investors, developers and purchasers will gather at ACORE Finance West for a unique discussion of renewable energy finance and prospects in the Western U.S. The event comes as large corporate deals and regional policy shifts accelerate adoption of renewables – but uncertainty around future financing remains.

The American Council On Renewable Energy Commemorates the Life and Work of Lt. Col. William C. Holmberg

For Immediate Release – September 9, 2016

Washington, D.C. – It is with deep sadness that the American Council On Renewable Energy (ACORE) observes the passing of retired Marine Lt. Col. William “Bill” Holmberg. He was 88. Holmberg was a longtime friend and co-founder of ACORE and a steadfast champion for the renewable energy industry. At various times throughout his career, he served on ACORE’s Board of Directors, Advisory Board and staff.

"Bill was a friend and mentor to me and many others in renewable energy. We will miss his quiet wisdom, great resolve – and the twinkle in his eye," said Dan Reicher, chairman of ACORE’s board and Executive Director of the Steyer-Taylor Center for Energy Policy & Finance at Stanford University.

The American Council On Renewable Energy Commends New York State for its 50% Renewable Portfolio Standard Increase

State Public Service Commission approves measure to procure half of New York’s power from renewable energy resources by 2030.

For Immediate Release – August 2, 2016

Washington, D.C.The American Council On Renewable Energy (ACORE) applauds the state of New York and the New York Public Service Commission (PSC) for its just-approved energy policy to procure 50 percent of all electricity from renewable energy resources by 2030.

“We applaud New York for its continuing leadership in promoting the transition to a renewable energy economy,” said Greg Wetstone, President and CEO of ACORE. “New York’s track record with the innovative REV program inspires confidence that the state can successfully meet its renewable energy goals, and with wind and solar costs at record-breaking lows, the goal of 50 percent by 2030 is eminently achievable.”

ACORE Releases Industry Insights on Corporate Renewable Energy Procurement

Authored by industry leaders, the report offers insights to simplify corporate renewable procurement processes and provide realistic options for players across the economy.

For Immediate Release – June 30, 2016

Washington, D.C. – The American Council On Renewable Energy (ACORE) released a new resource for companies interested in procuring renewable energy in the United States. A comprehensive collection of industry insights about contracting, policy, financing, technology, and legal considerations, the report is authored by members of ACORE’s Corporate Procurement Working Group and is available for download here.

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