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Press Releases

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.

Film, FREEDOM, Is Screened in Washington, DC; Highlights Alternative Fuels to Replace Gasoline

Oct. 26, 2011; Washington, DC -- "The film, 'Freedom', showing today in Washington, D.C. at the Corcoran Gallery of Art, makes the powerful point that ethanol, which now replaces more than 10% of gasoline used in our nation, truly represents the beginning of freedom for America from our dependence on oil," declared retired Navy Vice Admiral Denny McGinn, President of the American Council On Renewable Energy (ACORE).

Fourth Annual Renewable Energy Finance Forum-West Conference; Looking Beyond Subsidies

SAN FRANCISCO, September 28, 2011 /PRNewswire/ -- The fourth annual Renewable Energy Finance Forum (REFF)-West hosted by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events in San Francisco this week brought together more than 400 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 almost 60 speakers and panelists expressed the need to develop creative financing solutions beyond subsidies to promote progress in both large and small scale renewable energy development in the United States.

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