SunPower President and CEO Tom Werner on Congressional Approval of Solar Investment Tax Credit (ITC) Extension

Dec 18, 2015 5:30 PM ET

The following statement is from Tom Werner, SunPower president and CEO, on congressional approval of the Solar Investment Tax Credit (ITC) extension:

"With Congressional approval on a five-year extension of the Solar Investment Tax Credit (ITC), we have a fresh runway that will only accelerate the global energy transformation to clean, sustainable sources such as solar. The ITC extension provides a sense of certainty that allows for new investments that might not have been possible in its absence.

"Every day, we see increasing numbers of homeowners, public agencies and businesses taking advantage of the benefits of solar power. Beyond our industry, this is good for families and for the bottom line of every sector, and will help achieve environmental and economic goals well into the future.

"We thank our elected representatives for supporting the continued growth of solar power in the U.S. – for the health and prosperity of our communities, our country, and the planet."

Read more of Tom Werner's comments in the SunPower blog post, "A Breakthrough Year for Solar."