SunPower CEO Tim Werner applauded the congressional approval of the solar Investment Tax Credit (ITC) extension. He described 2015 as a breakthrough year for solar because the future market seems to go brighter.
"With Congressional approval on a five-year extension of the Solar ITC, we have a fresh runway that will only accelerate the global energy transformation to clean, sustainable sources such as solar,” stated Werner in his blog post. “The ITC extension provides a sense of certainty that allows for new investments that might not have been possible in its absence.”
Furthermore, the Paris Agreement, the world’s first “international climate agreement,” awakens the global business community to drive a clean energy transformation as the “climate change is no longer just an ideological debate, but one that’s dealt with through innovation and solar energy solutions.” Werner pointed out that solar energy is the best solution for customers and global business to creat a long-term value and sustainable economy.
Increasing numbers of homeowners, public agencies and business are taking advantage of the benefits of solar power, while such kind of clean energy is good for everyone in the world. Werner believes solar power will help achieve environmental and economic goals well into the future.
The costs of solar have dropped 78% over the past five years, and Werner expects an even competitive price for the future market in the following five years.
"We thank our elected representatives for supporting the continued growth of solar power in the U.S. – for the health and prosperity of our communities, our country, and the planet."