Sharp is starting off business year 2010 with rising turnover in the solar industry: production expansion, strategic alliances and continued technological developments secure the company a leading role on the worldwide photovoltaic market. Sharp will be presenting microamorphous triple-junction thin-film technology, see-through modules and more at this year's EU PVSEC in Valencia.Sharp can tie in with the success of business year 2009 in the first quarter of 2010 as well: with over € 533 million (1), the technology company has increased its turnover in the solar segment by 65.7 percent in comparison with the same period last year. The share of the solar business within the overall corporation thus amounted to 7.8 percent - a value which should continue to increase on the long term: "Photovoltaics is one of our core business fields", says Peter Thiele, Executive Vice President of Sharp Energy Solution Europe (SESE). "We are investing heavily in this future technology and continue to see great potential worldwide as well as for Europe in particular. Sharp is currently expanding its production in Europe to be able to serve this important market as best as possible also in the future", Peter Thiele continues.
Rhone Resch, president and CEO of the Solar Energy Industries Association, released the following statement today calling on the U.S. Senate to include solar provisions that enjoy bipartisan support in the pending energy bill: "We applaud the Senate for bringing legislation to the floor to address the tragedy in the Gulf of Mexico. This catastrophe has been a stark reminder that the U.S. must end its dangerous dependence on fossil fuels, and soon. While the Senate has struggled with partisan politics all year, there are several key solar provisions that enjoy bipartisan support that should be a part of the final legislation. These include extension of the Treasury Grant Program, renewable energy manufacturing incentives, and reform and restoration of funding for the Department of Energy Loan Guarantee Program. If enacted, these policies will result in hundreds of thousands of new jobs, accelerated deployment of solar energy in all 50 states, and will help the U.S. rebuild its manufacturing base and remain competitive in this rapidly growing global industry. The solar energy industry urges swift passage of this energy bill - including bipartisan solar provisions - before the Senate breaks for the August recess."
Source: SEIA
Today, the House Small Business Committee held a hearing titled "Bonus Depreciation: What It Means for Small Business." Solar Energy Industries Association (SEIA) President and CEO Rhone Resch released the following statement on the impact of a one year extension of bonus depreciation for the U.S. solar industry: "SEIA applauds the House Small Business Committee and Chairwoman Velázquez for looking at the effect of a bonus depreciation extension on job creation. For the solar industry - which is largely compromised of small businesses - the effect is clear. Whether it is your local mom and pop installer company or roofing and electrical contractors who have found opportunity to use their skills in the growing solar market, these entrepreneurs are setting up shop in all 50 states. A one year extension of bonus depreciation would give these small business owners the opportunity to immediately expand their operations in 2010, creating more jobs and installing more solar. Congress should act immediately to extend bonus depreciation so that small solar businesses can continue to create jobs and deploy more solar."
Solar Energy Industries Association (SEIA) President and CEO Rhone Resch today released the following statement on the appointments of two member companies from SEIA's Board of Directors to the President's Export Council. The Dow Chemical Company President, Chairman and CEO Andrew Liveris and Dow Corning Corporation Chairman, President and CEO Stephanie A. Burns were appointed today to join business and labor leaders from across major industries on the Council to advise the President on how to promote U.S. exports, jobs and growth. "President Obama is right to pick solar industry leaders to help him with the task of exporting more U.S. goods and creating more domestic jobs. As recently as 2007, the U.S. was a net exporter of solar energy equipment. President Obama has rightly challenged our country to regain its global leadership in this area. In addition, the U.S. is the world's largest supplier of polysilicon, a key component of solar photovoltaic (PV) modules and is expected to produce more than half (49,000 metric tons) of the world's supply (82,000 metric tons) in 2010 even though the U.S. will account for less than 10 percent of demand for solar energy equipment. Despite a the recession and slow recovery, U.S. solar grew in 2009 and created 17,000 domestic jobs and is poised for a break-through year in 2010."
The California Public Utilities Commission (CPUC) today said that three years into the state's 10-year solar program, California is already 42 percent of the way towards its general market program goal in the territories of the investor-owned utilities. This figure includes both projects already installed and those currently holding reservations for incentives and in the process of being installed. In January 2007, California launched an unprecedented $3.3 billion ratepayer-funded effort that aims to install 3,000 megawatts (MW) of new solar over the next decade and to transform the market for solar energy by reducing the cost of solar. The CPUC portion of the solar effort is known as the California Solar Initiative (CSI) Program. The CSI portion, the country's largest solar program, has a $2.2 billion budget and a goal of 1,940 MW of solar capacity by the end of 2016. In addition to the MW goals, the program is also designed to emphasize performance, both for solar systems and the solar industry, by lowering costs and increasing efficiency.
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