in News Departments > Policy Watch
print the content item

Rep. Kyrsten Sinema, D-Ariz., has proposed H.R.1424, the Security in Energy and Manufacturing Act of 2013 (SEAM Act), which would extend the Advanced Energy Manufacturing Tax Credit program.

"The program provides a 30 percent tax credit, or grant in lieu of a tax credit, to companies constructing, expanding or retrofitting their facilities that manufacture renewable energy," Sinema said during her introduction of the bill, according to a transcript posted by her office.

"We have seen our manufacturing base erode as a result of increased global competition," she continued. "Not only will the SEAM Act help us rebuild our manufacturing industry, but it will also provide an opportunity to do so while exploring responsible energy production.

"Energy innovation is quickly becoming one of the world's largest industries, and countries all over the world are purchasing billions of dollars' worth of wind turbines, solar panels and other energy technologies," she added. "I want to see those products made in the United States and for our country to remain competitive."

The full text of the bill can be found here.


Trachte Inc._id1770
Latest Top Stories

Despite 2013 Challenges, U.S. Wind Power Reaches All-Time Low Price

In a new report, the U.S. Department of Energy details the highs and lows of the country's wind industry last year, and the agency maintains that the U.S. sector remains strong.


Mexico On Pace To Set New Renewables Investment Record

A new report says the country has spent $1.3 billion on clean energy in the first half of 2014 and could end up seeing a record year. Furthermore, wind power is slated for significant growth in the region.


IRS Issues More PTC Guidance, Easing Some Wind Industry Concerns

The Internal Revenue Service (IRS) addresses how much work is needed on a wind farm to satisfy production tax credit (PTC) eligibility.


Embryonic No More: U.S. Offshore Wind Industry Gaining Momentum

After a decade of fits and starts, the industry is moving closer to installing the first generation of wind projects off the country's shores.


AWEA: U.S. Installs 853 MW Of Wind In First Half Of 2014

The American Wind Energy Association (AWEA) reveals the U.S. industry's progress thus far this year and underscores the importance of policy certainty.

Renewable NRG_id1934
Canwea_id1984
Tower Conference_id1965