The Solar Energy Industries Association (SEIA) today released the 2009 U.S. Solar Industry Year in Review, finding 2009 to be another year of strong growth despite the economic recession. Overall U.S. solar electric capacity, including both photovoltaic and concentrating solar power installations, increased by 37 percent. This was driven primarily by strong demand in the residential and utility-scale markets, state and federal policy advances and declining technology prices. As a result, total solar industry revenue reached $4 billion, a 36 percent increase over 2008. The solar industry contributed to the overall economy by adding 17,000 new jobs from coast to coast. The solar industry today employs 46,000 U.S. workers and supports an additional 33,000 jobs in other sectors."Despite the Great Recession of 2009, the U.S. solar industry had a winning year and posted strong growth numbers," said Rhone Resch, SEIA president and CEO. "When the President looks back at how stimulus dollars were invested, he's going to see that solar was one of the best returns on investments in 2009 for the American taxpayers. In addition to strong policies at the state and federal level, solar's growth was driven by the emergence of new business models and declining prices. Consumers took notice that now is the best time to go solar."
The recession will not deflect the Government's efforts to cut carbon emissions and move to a low carbon economy, Energy and Climate Change Minister Ed Miliband said today. Speaking as the Government formally responded to the Committee on Climate Change's first annual report on carbon budgets under the Climate Change Act, Mr Miliband said Britain stood to gain not only from a green jobs revolution, but from measures to help people cut the amount of energy they use. The UK is on course to over-achieve on its carbon budgets - the emissions equivalent of fiscal budgets - with an estimated 36% cut on 1990 levels projected by 2020. Government will not rely on the reduction in emissions brought about by the economic downturn to meet its climate targets. To reinforce this, any over-achievement in the first carbon budget due to the recession will not be carried forward to allow for higher emissions in the future.
Energy and Climate Change Secretary Ed Miliband said: "The recession will not deflect the Government's efforts to cut emissions and move to a low carbon economy. We will not let up on the fight against climate change, instead we must redouble our efforts at home and internationally so the UK emerges from the global downturn building on the opportunities and benefits a low carbon future will bring."
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