How the Commerce Inquiry and Other Headwinds Have Undermined High Expectations for Renewable Energy Finance

Press Releases

June 7, 2022 How the Commerce Inquiry and Other Headwinds Have Undermined High Expectations for Renewable Energy Finance ACORE Releases New Survey of Leading Financial Institutions and Developers and $1T 2030 Campaign Progress Report NEW YORK, NY – Despite growing momentum for the energy transition, several headwinds have emerged that could impede the rate of…

ACORE to Sec. Raimondo: Conclude the Inquiry Promptly With a Final Negative Determination

Press Releases

May 5, 2022 ACORE to Sec. Raimondo: Conclude the Inquiry Promptly With a Final Negative Determination WASHINGTON, D.C. – The American Council on Renewable Energy (ACORE) formally submitted comments today expressing multiple concerns with the Department of Commerce’s initiation of a circumvention inquiry on solar imports. “As a result of the immense cost uncertainty unleashed…

Letter from 20+ Senators Urging President Biden Make an Expedited Preliminary Determination in Commerce Inquiry

Press Releases

May 2, 2022 Letter from 20+ Senators Urging President Biden Make an Expedited Preliminary Determination in Commerce Inquiry Statement from Gregory Wetstone, President and CEO of the American Council on Renewable Energy (ACORE): “We applaud the 22 senators on this letter for speaking out on behalf of the American solar industry and everyone impacted by…

ACORE Statement on President Biden’s FY2023 Budget Request

Press Releases

March 30, 2022 ACORE Statement on President Biden’s FY2023 Budget Request Statement From Gregory Wetstone, President and CEO of the American Council on Renewable Energy: “The Biden Administration’s new budget request reflects its focus on clean energy technologies, committing $9.2 billion to clean energy projects that will create good-paying jobs, reduce energy costs for American families…

Institutional Investors Urge Caution as Texas Considers Long-Term Electric Market Design Proposals

Press Releases

November 23, 2021 Institutional Investors Urge Caution as Texas Considers Long-Term Electric Market Design Proposals WASHINGTON, D.C. – In a letter sent today to the Commissioners of the Public Utility Commission of Texas, the U.S. Partnership for Renewable Energy Finance (PREF) called for a more thorough analysis of the market design options now under consideration…

Anonymous Solar Tariff Petitioners Fail to Reveal Identities by Department of Commerce Deadline

Press Releases

November 13, 2021 Anonymous Solar Tariff Petitioners Fail to Reveal Identities by Department of Commerce Deadline Statement From Gregory Wetstone, President and CEO of the American Council on Renewable Energy: “Secretary Raimondo gave the petitioning solar manufacturers an additional two days to reveal their identities this week and they tellingly declined, justifying the Department of…

Institutional Investors Call on Texas Leaders to Ensure a Level Playing Field for All Energy Resources, Scrap Anti-Renewable Proposals

Press Releases

August 9, 2021 Institutional Investors Call on Texas Leaders to Ensure a Level Playing Field for All Energy Resources, Scrap Anti-Renewable Proposals   WASHINGTON, D.C. – In a letter sent today to the Governor of Texas Greg Abbott, Chairman of the Public Utility Commission of Texas Peter Lake, and other Texas legislative and regulatory leaders, the…

ACORE Urges Texas Leaders to Focus on Policies that Ensure Grid Reliability, Not Unfairly Hinder Renewables

Press Releases

July 8, 2021 ACORE Urges Texas Leaders to Focus on Policies that Ensure Grid Reliability, Not Unfairly Hinder Renewables Statement From Gregory Wetstone, President and CEO of the American Council on Renewable Energy (ACORE):   “As Texas lawmakers convene in Austin today for a special legislative session, it is imperative that state leaders support policies…

New IRS Guidance Extends Safe Harbor Provisions for Renewable Energy Projects

Press Releases

June 29, 2021 New IRS Guidance Extends Safe Harbor Provisions for Renewable Energy Projects WASHINGTON, D.C. – The Treasury Department and the Internal Revenue Service (IRS) issued guidance today that extends safe harbor provisions for renewable energy projects in order to address impacts from the COVID pandemic. Following is a statement from Gregory Wetstone, President…