On Tuesday, the United States Senate passed their version of a broad energy bill by a vote of 85-12. The comprehensive legislation contains many helpful policy items for renewable energy technologies. This includes the first federal residential and commercial tax credit for solar energy since 1982, the first-ever national renewable energy requirement on utilities and the first-ever federal policy to foster ocean and tidal energy technologies.

Over time, through judicious and insightful investments, many large gains that have redefined the energy playing field have started as non-traditional initiatives." - Sean O'Neill, President of the newly formed Ocean Renewable Energy Coalition (OREC)