ACORE RELEASES STATE RENEWABLE ENERGY REPORT
The American Council On Renewable Energy (ACORE) released the Spring 2011 update of its report, Renewable Energy in America: Markets, Economic Development and Policy in the 50 States. ACORE found that in 2010 the total installed base of new renewable electricity exceeded 50 gigawatts in the United States, with Texas, California and Iowa leading in renewable energy generation capacity. The report also found that Texas and Illinois received the most Section 1603 and 48C funding from the federal government. The report also includes the amount of 1603 and 48C funding each state received.
Tune in to next week’s Tax Credit Tuesday podcast for more information about the report’s findings. State renewable energy projects will also be one of numerous topics discussed at the Financing Renewable Energy Conference April 28-29 in San Francisco, Calif.