President Obama yesterday to develop a budget, although the budget relief, large scale renewable energy investments increased by 40%. Obama fiscal 2014, the advertisement for the Department of Energy $ 28.4 billion, an increase of 8% compared to 2012. Also clean energy technology funding increased by 40%.
United States large-scale renewable energy investments increased 40% Deputy Minister of Energy of the United States: America faced an enormous challenge is one of the opportunities offered by the leading clean energy race. The budget reflects the U.S. government for funding obligations and to make sacrifices, and at the same time, the funding also echoed the president's all-above-all energy policy. The energy strategy to increase oil and gas production, and investment in new clean energy technologies, while also strengthening the national security of the United States.
$ 165 million to increase the use of clean energy such as wind, solar, geothermal, and reduce the cost of its use
$ 365 million for research and development of advanced manufacturing. This will renewable energy producers funds increased by 29%, such as solar panels china energy for cheap reusable energy and electricity is easier to achieve in the case of subsidized grid and off-grid wind power generation system. $ 2.8 billion will be allocated distributed Renewable Energy Office to speed up research and development, reduce costs, and increase the use of key clean energy technologies.
As the President stressed that the transition to renewable energy is very important, and the United States must take the lead, he praised. Solar energy is currently the fastest growing clean energy technologies. It is not only for our generation, the engine of the U.S. economy. Since 2008 relies on the installation of photovoltaic systems in the United States households, firms and the number of military bases has increased by nearly 600% over the next four years, solar energy will become the nation's largest new sources of clean energy. Resch also urged President Obama and Congress continue to maintain the investment tax concessions to streamline the approval process of the federal solar.
The context of the increase in European markets hopeless and photovoltaic companies have cut production, the government this year to increase the efforts to support, in addition to the VAT rate of the photovoltaic solar inverter manufacturers power generation projects down to 50 to 8.5%. The media also reported that the Government is currently brewing "'distributed photovoltaic demonstration area' implementation of the project to Rules, the electricity price subsidy mechanism reform, adjustment of the Golden Sun subsidy program, the photovoltaic industry access standards, photovoltaic products export tax rebate policy.
This year will be a critical year for the photovoltaic industry, the follow-up support policies covering subsidies, technological innovation partition tariffs. Stakeholders believe that only the VAT rate cut will be a direct positive PV power plant, which is equivalent to improve before tariff of 7.8% to 100MW scale power plant, for example, half the value-added tax will make an annual increase of approximately 22 million profit, conducive thickening of the LONGJI Shares Hareon [-1.21% funding research report], sunflower and other issues involving the power station development enterprise performance.