Navigant Consulting released the results of its new economic study this week indicating that more than 1.2 million employment opportunities and US $232 billion in investment would be supported by the U.S. solar energy sector alone through 2016 if Congress extends the solar investment tax credit (ITC) for 8 years.

"An 8-year extension of the ITC would allow the market to maintain or possibly exceed its current growth rate." -- Jay Paidipati, Managing Consultant, Navigant Consulting