“Any time you are embraced by the administration it’s a great thing, but opponents to the administration can make it work against you,” said Resch, the 44-year-old president and CEO of the Solar Energy Industries Association. This Washington, D.C.-based trade group represents the interests of the solar energy industry. Resch said he expects the mid-term congressional elections to result in more of a numerical balance between Republicans and Democrats on Capitol Hill. But he also believes fewer opportunities will exist for Congress to pass aggressive legislative initiatives that benefit renewables.
The solar industry became something of a political target in August. That was when $1.5 billion was pulled from Department of Energy loan guarantee programs by lawmakers as they looked for money to fund a bill benefitting teachers and state health care programs.
“Basically, it came down to political pressure that forced the leadership in Congress to search broadly to pay for education and state-level health care programs,” Resch said. Assurances have since come from the Speaker of the House, the Senate Majority Leader and the White House that money taken from renewable energy will be reallocated later. But in a conversation with The Interview, Resch expressed frustration that the Department of Energy may be taking too long to make loan guarantees available.