Clean Energy Sector Calls on Congress for Help Surmounting the Impacts of the COVID-19 Pandemic

Washington, D.C. – March 19, 2020 – In a letter delivered today to U.S. House and Senate leadership, the clean energy sector is calling for the prompt repair and extension of critically important tax incentives to help renewable and clean grid industries surmount the impacts of the COVID-19 pandemic.

In their joint letter, the American Council on Renewable Energy (ACORE), American Wind Energy Association (AWEA), Energy Storage Association (ESA), National Hydropower Association (NHA), Renewable Energy Buyers Alliance (REBA), and the Solar Energy Industries Association (SEIA) write that the growth of the clean energy sector, one of the nation’s most important economic drivers, is placed at risk by a range of COVID-19 related impacts. These impacts include “supply chain disruptions that have the potential to delay construction timetables and undermine the ability of wind, solar and hydropower developers to qualify for time-sensitive tax credits, and a sudden reduction in the availability of tax equity, which is crucial to monetizing tax credits and financing clean energy projects of all types.”On behalf of the thousands of companies that participate in America’s renewable and clean energy economy, the coalition of organizations is requesting the following to address pandemic-related disruptions: