Principal
Solar, Inc. (PSI; OTC
Pink: PSWW),
the leading resource for the solar industry providing thought
leadership, relevant content and information for corporate
decision-making, today released an authoritative white
paper, “Bi-Partisan
Support Driving Solar Energy Development: Illuminating and
Rectifying the Politics Behind Utility-Scale Solar.” Co-authored by
solar energy proponents retired Lt. Col. Allen West, president and CEO
of The
National Center for Policy Analysis, Mark Victor Hansen, founder and
co-creator of one of the most successful publishing franchises in
history, "Chicken Soup for the Soul," Michael Gorton, CEO, PSI and Laura
Carabello, founder, CPR Strategic Marketing Communications. The paper
articulates the complementary role of utility-scale solar to natural gas
resources and demonstrates that solar is consistent and aligns with
politically conservative values.
“At a time when many families are still struggling to find employment
and pay the energy bills for their homes and offices, solar is bringing
more jobs to improve the economy while providing access to this
virtually endless, affordable source of power,” says West. “Working
together, Democrats and Republicans now have the opportunity to endorse
this reliable energy resource in support of the existing infrastructure
and to extend the lifetime of the nation’s natural gas supply.”
As the cost of solar has dropped significantly year-after-year, the
amount of solar installed worldwide has grown exponentially. In 2016,
after years of struggling against natural gas prices and variable
subsidies, solar electricity is poised to produce electricity at about
the same cost as traditional generation in 47 U.S. states, according to
a Deutsche Bank report.
Hansen explains, “A poll conducted by the Pew Research Center found that
73 percent of Americans—including 58 percent of Republicans—support
increasing federal funding for solar, wind and hydrogen, and 58 percent
believe developing renewables should be at the top of the U.S. energy
agenda.”
The authors reinforce their collective goal to dispel the myth that once
subsidies end, the demise of the solar industry is imminent.
Gorton adds, “We want to unite political parties in driving
utility-scale solar development, while we educate and inform
decision-makers about how utility-scale solar, will create a new avenue
for cost-effective diversity in the existing power-generation
infrastructure. The free market and therefore, both parties should
support solar as a positive step for all Americans. Ultimately, solar
power is consistent with the Republican Party’s philosophy that
emphasizes choice and individual empowerment.”
About Principal Solar
Principal
Solar, Inc. (PSI; OTC
Pink: PSWW)
serves as the leading resource for the solar industry, providing thought
leadership, relevant content and information for corporate
decision-making. Housing original white papers authored by business and
industry luminaries, PSI is a key navigation point for companies
involved in the mainstream energy mix. PSI delivers messaging that
enables audiences to seek, discover, and share knowledge and opinions
across all platforms. By connecting all the parties with an interest in
advancing utilization of solar, PSI is breaking down the barriers to
large scale solar adoption. With a complementary focus on bringing
recognition to innovative solutions and industry leaders, PSI sponsors
awards programs in various market sectors. Visit www.PrincipalSolar.com.
Cautionary Statement Regarding Forward-Looking Statements
Statements in this press release that are not statements of historical
or current fact constitute "forward-looking statements." Such
forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors in the solar energy generating
industry (market risk, government regulation, operational risks, etc.)
that could cause the Company's actual operating results to be materially
different from any historical results or from any future results
expressed or implied by such forward-looking statements. In addition to
statements that explicitly describe these risks and uncertainties,
readers are urged to consider statements that contain terms such as
"believes," "belief," "expects," "expect," "intends," "intend,"
"anticipate," "anticipates," "plans," "plan," to be uncertain and
forward-looking. The Company does not assume a duty to update these
forward-looking statements, except as required by law.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160223005327/en/
Copyright Business Wire 2016