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Press Releases

Fifth Annual Renewable Energy Finance Forum-West (REFF-West): Depolitization and Diversification

SAN FRANCISCO--()--The fifth annual Renewable Energy Finance Forum (REFF)-West hosted by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events in San Francisco, CA this week brought together over 350 investors, industry executives and policy makers for an engaging discussion on the state of the renewable energy industry, public policy, financial markets and corporate strategy in the renewable energy sector. During the two-day session, the 55 speakers and panelists expressed a call to action to those in the industry to continue developing financing solutions that promote growth and job creation in the domestic renewable energy industry.

US PREF "Paid In Full" Study Released; Concludes Solar Tax Credit Pays For Itself

Federal Taxpayers Receive 10% Internal Rate of Return on Solar Investment Tax Credit (ITC) in Common Solar Financing Scenarios

WASHINGTON, DC, July 19, 2012--A study published today by the US Partnership for Renewable Finance (US PREF), a program of the American Council On Renewable Energy (ACORE), finds that the solar investment tax credit (ITC), expanded in 2005 by President George W. Bush and modified as a grant program under President Barack Obama, can deliver a 10% internal rate of return to taxpayers on the government's initial investment. Titled, "Paid in Full," the study's model examines the cash flows generated by tax revenues on solar leases and power purchase agreements to show that a $10,500 tax credit for a residential system can provide a $22,882 nominal benefit to the government in those scenarios over the life of the solar asset, and a $300,000 commercial solar credit can create a $677,627 nominal benefit in a similar time period.

Statement of the Renewable Energy, Investor and Technology Sectors on the 'No More Solyndras Act'

For Immediate Release

Industry Groups: Act Goes "Far Beyond Reasonable Reforms" to "Shut Down a Successful Policy"

Washington, DC-July 31, 2012-Today and tomorrow the U.S. House Committee on Energy and Commerce will consider and mark up a number of pieces of legislation including the "No More Solyndras Act."

The American Council On Renewable Energy, Environmental Entrepreneurs (E2), National Venture Capital Association, Solar Energy Industries Association and TechNet released the following statement in advance of the Committee's deliberations:

At REFF-WS, Financial Experts Discuss New Financing Models For Renewables Amid Uncertain Times

June 25 -- At the Renewable Energy Finance Forum-Wall Street (REFF-Wall Street), hosted by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events, more than 50 top leaders from the financial sector and the renewable energy industry addressed a forum of over 600 delegates, discussing the changing nature of the policy landscape and advancing the debate around finance and innovation. >>More

Renewable Energy Finance Forum Addresses Rapidly Changing State of Renewable Energy Finance in Latin American and Caribbean Markets

Industry leaders forecast strong renewable energy investment growth for the region in 2012

April 27, 2012 - The second annual Renewable Energy Finance Forum (REFF) hosted by the Latin American Council on Renewable Energy (LAC-CORE), the American Council On Renewable Energy (ACORE), and Euromoney Energy Events in Miami this week brought together more than 200 policy makers, industry executives and investors to discuss the evolution of the renewable energy markets in Latin America and the Caribbean.

REFF-LAC featured speakers from leading renewable energy companies, investment institutions and government organizations focused on renewable energy investments and transactions, infrastructure and country policies, and the future growth potential for the region. Delegates from more than 15 countries participated including Brazil, Panama, Mexico, Colombia, Guatemala, Costa Rica, Peru, Nicaragua, Chile, Argentina, and a host of the Caribbean nations, in addition to the U.S. and Europe.

ACORE, AEE to Foster Industry Collaboration with U.S. Military

Groups Will Convene Forum Series on Department of Defense Deployment of Renewable Energy on Bases and on Front Lines

WASHINGTON, Jan. 26, 2012 /PRNewswire-USNewswire/ -- The American Council On Renewable Energy (ACORE) and Advanced Energy Economy (AEE) today announced a partnership to explore how renewable energy can help the U.S. Department of Defense (DOD) achieve mission objectives, save taxpayer money, and reduce risks associated with reliance on fossil fuels.

ACORE Releases Report on Chinese and U.S. Renewable Energy Markets

US-China Quarterly Market Review Highlights New Opportunities for Investors and Developers in China and the U.S.

December 21, 2011 -- The US-China Program (USCP) of the American Council On Renewable Energy (ACORE) and the Chinese Renewable Energy Industries Association (CREIA) are pleased to announce the release of the Fall 2011 edition of the US-China Quarterly Market Review (QMR). The Fall 2011 QMR provides analysis on the renewable energy market, finance and policy developments in Q3, 2011 as seen in both the U.S. and China.

American Council On Renewable Energy (ACORE) Announces 2012 Board Of Directors

Leaders from Acciona; BrightSource Energy; NRG Energy; POET; Pure Energy Partners; Reznick Group Join ACORE Board to Create a More Secure and Prosperous America with Clean, Renewable Energy

Dec. 9, 2011; Washington, DC The American Council On Renewable Energy (ACORE) is pleased to announce six newly elected and appointed Board Members.

As Congress tries to decide the best course of action to reduce the nation's massive budget deficit, and the future of renewable energy policy and finance face many challenges, our organization and the industry needs visionary leaders like those who will serve on the ACORE Board, united in ACORE's mission to create a more secure and prosperous America with clean, renewable energy, said Vice Admiral (Ret.) Dennis McGinn, ACORE President.

Congressional Inaction on 1603 Grant Program and PTC Risks Renewable Energy Market Investment, Jobs and Growth

Policy and finance experts predict continued significant growth driving towards grid parity if incentives are renewed; warn of great risk to market if programs lapse

Washington, DC; December 9, 2011 - "At the Phase II renewable energy policy forum hosted by the American Council On Renewable Energy (ACORE) on Capitol Hill this week, members of Congress, industry leaders and investors called for the renewal of important programs, including the 1603 Grant in Lieu of Tax Credits and production tax credit (PTC), to bolster renewable energy's success and American competitiveness. Participants cited government policy as critical to the stability of the industry, with inaction on the incentives and policy uncertainty creating a competitive disadvantage for one of America's fastest growth engines and job creators.

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