We are happy to report that President Obama's FY2011 budget request released this afternoon includes $302.4 million for the solar energy program, a 22 percent increase from last year’s spending. The DOE Building Technologies budget includes another $7.2 million for solar heating and cooling, also an increase over last year. These increases comes at a time when most of the government received substantial budget reductions. This request demonstrates SEIA’s strong relationship with the DOE and the White House. In addition to the solar program, the President has requested a $5 billion expansion the Section 48C manufacturing tax credit that was passed in the ARRA. We expect to see the expansion of this program pass as part of the Jobs Bill now under development.
Below we've detailed highlights from the announcement. As always, SEIA will continue to work with Congress and the Administration to strengthen the U.S. position as a leader in high-tech research and development. SEIA staff will keep you updated on any new developments regarding the budget process in the coming weeks and months.
The breakdown of the DOE Solar Energy Program is as follows:
Total program request: $302.4 million, increased from $225 in current budget
· $152 million for PV, increased from $128.5 million
· $98.2 million for CSP (Including $50 million for new demonstration program), increased from $49.7 million
· $30.7 million for systems integration, increased from $23.3 million
· $21.5 million for market transformation, decreased from $23.5 million
DOE Solar Program Highlights:
· Advanced PV manufacturing
· Reliability (of components) to extend life of PV system
· Thermal storage research to make CSP cost-competitive as baseload power
· New Concentrating Solar Power demonstration program to show that technologies can scale up, provide operational data needed by finance community to invest in a project.
DOE Building Technologies Program:
· $7.3 million for solar heating and cooling
Transmission Highlights:
· Continued support for renewable generators, reliability
· New $6.4 million for "permitting, siting and analysis" to educate states, regional grid operators, federal agencies and help assist in modernizing the electric grid.
Manufacturing Highlights:
· $5 billion for the previously mentioned Advanced Energy Manufacturing tax credit.
FY2011 Department of the Interior Budget Highlights:· Total of $73 million investment in renewable energy.
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