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Press Releases

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.”

Clean Energy Investments in Latin America Total $9.7 billion in 2012

Clean Energy Investments in Latin America Total $9.7 billion in 2012 Four Countries Saw Triple-digit Investment Growth

For Immediate Release - April 30, 2013

Washington DC - Total new financial investments in clean energy in non-Brazil Latin America rose 127% in 2012 compared to 2011 figures, reaching $4.6 billion. This growth reverses the first global decline in new clean energy investments last year, as the region became more active in renewable energy.

The American Council On Renewable Energy Applauds the Reintroduction of the Master Limited Partnerships Parity Act

Master Limited Partnerships Parity Act would level energy playing field, increase private investment

For Immediate Release - April 24, 2013

Washington, DC – Today, the American Council On Renewable Energy announced its full support for new legislation opening access to a key investment structure known as a Master Limited Partnership (MLP) for renewable energy projects.

American Council On Renewable Energy and Clean Energy Council of Australia Announce US-Australian Renewable Energy Industry Partnership

ACORE and CEC Partner to Focus on Joint Research, Analysis, and Industry Dialogue; US-Australian Leadership Roundtable Kicks Off in Sydney

For Immediate Release - March 11, 2013

Washington, DC - The American Council On Renewable Energy (ACORE) and the Clean Energy Council (CEC) of Australia are pleased to announce a partnership to enrich both organizations’ missions of advancing clean energy deployment in the United States and Australia. The partnership aims to build a collaborative platform that enables leading industry experts and stakeholders from both Australia and the United States to leverage each other’s expertise in creating successful policies, finance mechanisms, and market drivers that will benefit both the Australian and U.S. market.

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