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Press Releases

ACORE Board of Directors Unanimously Adopts Strategic Organizational Plan

For Immediate Release - July 25, 2013

Washington, DC - Recently, the Board of Directors of the American Council On Renewable Energy (ACORE) unanimously adopted a new strategic plan for the organization that ensures the organization will continue to lead the way to America’s clean energy future. The strategic plan places ACORE in the context of current opportunities and challenges for renewable energy and focuses ACORE’s strategies and programs to succeed in the face of today’s realities. The overarching strategic objective of the plan is to identify the key issues affecting our industry’s growth over the next decade, and expand ACORE’s ability to effectively present the compelling value proposition of clean renewable energy on behalf of its members and partners.


Inaugural ACORE Transportation Industry Review Brings RE Leaders Together to Discuss the Fuels and Power of the Future

For Immediate Release - July 16, 2013

Washington, DC – This morning, the American Council On Renewable Energy (ACORE) - through its Transportation Initiative - released the inaugural Transportation Industry Review. The Review is a digest of member-submitted journal articles laying out the challenges and corresponding opportunities that businesses and industry groups face in advancing and enlarging the market for renewable energy in the transportation sector.

“The transition from a fossil fuels-dominated transportation infrastructure to one driven by greater efficiencies and renewable energy will build a stronger economy, a more secure nation, and a more viable job market, all while promoting a more sustainable global environment. We’re pleased that so many of our members are helping us move the transition and the conversation forward by contributing to this Review,” ACORE President & CEO VADM Dennis McGinn stated.

ACORE President and CEO Vice Admiral Dennis V. McGinn Nominated to Serve in New Leadership Role within the Obama Administration

Admiral McGinn nominated to serve as Assistant Secretary of the Navy for Energy, Installations, and Environment within the Department of Defense

For Immediate Release – July 9, 2013

Washington, DC – Last evening the White House announced that President Obama has nominated American Council On Renewable Energy (ACORE) President and CEO Vice Admiral Dennis McGinn to serve as Assistant Secretary of the Navy for Energy, Installations, and Environment, within the Department of Defense. The position requires Senate approval.

At REFF-Wall Street in New York, Financial Experts Discuss The Key Drivers Affecting The Scale-up of Renewable Energy Financing

Industry experts reaffirm need for long-term policy support to unlock untapped capital

For Immediate Release – June 26, 2013

New York, NY - At the Renewable Energy Finance Forum-Wall Street (REFF-Wall Street), hosted this week in New York by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events (EEE), more than 50 experts from the financial sector and the renewable energy industry addressed a forum of over 600 delegates, exploring the evolving landscape for investment opportunities and driving forward the industry's future.

Renewables to surpass gas by 2016 in the global power mix

IEA report sees renewable power increasingly cost-competitive with new fossil-fuel generation, but agency warns against complacency

For Immediate Release - June 26, 2013

Washington, DC - Power generation from hydro, wind, solar and other renewable sources worldwide will exceed that from gas and be twice that from nuclear by 2016, the International Energy Agency (IEA) said today in its second annual Medium-Term Renewable Energy Market Report (MTRMR).

ACORE Releases New Study Highlighting Key Strategies to Scale-Up U.S. Renewable Energy Investment

For Immediate Release - June 25, 2013

New York, NY – A new study was released today by the American Council On Renewable Energy (ACORE), California Clean Energy Fund (CalCEF), and Climate Policy Initiative at the Renewable Energy Finance Forum-Wall Street where hundreds of leaders from the renewable energy industry convened to discuss the current state of renewable energy finance. The study titled "Strategies to Scale-Up U.S. Renewable Energy Investment" highlights the role of policy at the state, federal, and regulatory level in unlocking record levels of private capital in the industry during the past decade. The paper also explores policies that would significantly increase private capital into renewable energy development.

American Council On Renewable Energy (ACORE) Applauds the Obama Administration’s Plan to Address the Growing Threat of Climate Change

For Immediate Release - June 25, 2013

Washington, DC  – The American Council On Renewable Energy (ACORE) applauds the Obama Administration's plan to address the growing threat of climate change. Today, the President made a public speech at Georgetown University announcing the Administration's intentions to cut domestic carbon pollution by deploying more renewable energy, adopting more energy efficiency measures, and building a 21st century transportation sector that functions on cleaner fuels than petroleum-based fuels, among other policy proposals.

Will Renewables Continue to Grow? International Energy Agency to Release 5-year Forecast for Renewable Energy at REFF-Wall Street

For Immediate Release - June 19, 2013

Washington, DC - The International Energy Agency (IEA) said in April that renewable energy is one of the few bright spots in an otherwise bleak assessment of overall progress toward cleaner energy, but will the renewable growth trend continue for the next five years? That is among the many questions that will be answered next week at the Renewable Energy Finance Forum-Wall Street (REFF-Wall Street) when IEA Executive Director Maria van der Hoeven releases her agency’s latest five-year forecast for the global market for renewable energy.

ACORE Announces Solar-Powered Plane Pilots Piccard and Borschberg to Open REFF-Wall Street; Solar Impulse Plane Is Completing A Successful Trans-continental Flight

For Immediate Release - June 20, 2013

Washington DC – The pioneer pilots of the Solar Impulse who are currently completing a coast-to-coast solar-powered flight across America will be keynoting the first day of the Renewable Energy Finance Forum-Wall Street, announced the American Council On Renewable Energy (ACORE), the event co-host. Bertrand Piccard and Andre Borschberg, the pilots, will open the Forum on the first day at 9:00 am to talk about the importance of innovation and pioneer spirit to meet today‘s energy challenges.

ACORE Salutes Tesla for Repaying Loan Guarantee Nine Years Early, Showing Success of LGP Program

For Immediate Release - May 23, 2013

Washington DC - The American Council On Renewable Energy (ACORE) applauds Tesla Motors for successfully paying off its $451 million Advanced Technology Vehicle Manufacturing Loan Guarantee with the Department of Energy nine years ahead of schedule. With the Tesla Motors federal loan early pay-back, taxpayers earned $26 million, according to the Department of Energy. ACORE fully supports the DoE Loan Guarantee Program, which leverages private sector innovation and advances the United States in the global race to become the world’s most prosperous clean energy economy.

“Tesla’s success shows that no matter how detractors misconstrue the facts, no matter what the incumbents of energy claim about alternative energy, clean energy is all about economics and technological innovation—the sort of innovation Tesla has boldly demonstrated,” said ACORE President and CEO, Vice Admiral Dennis McGinn. “Tesla is revolutionizing the way vehicles are designed, engineered, driven, fueled, and looked at. When people see Tesla’s and other electric vehicles all over the road in the future, they can thank American ingenuity and entrepreneurship, and DoE for helping make that achievement possible through another great example of public-private partnership.”

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