Sen. Jeff Bingaman (D-NM) Visits Applied Materials

Sen. Jeff Bingaman (D-NM) Visits Applied Materials

On November 12, Senator Jeff Bingaman (D-NM) chairman of the Senate Energy and Natural Resources Committee and a senior member of the Senate Finance Committee, visited Applied’s Santa Clara, California campus to learn more about Applied’s solar activities.

CEO and Chairman Mike Splinter led Chairman Bingaman on a tour that included the company's solar operations as well as its solar array and R&D solar installation. Bingaman has been a leader and champion of many of Applied’s solar policy initiatives, as well as the R&D tax credit, trade agreements and immigration reform.

Chairman Bingaman has been a staunch supporter of solar energy throughout his tenure in the Senate, so it was a great opportunity to show him Applied's manufacturing technology, our campus solar arrays, and discuss our policy agenda with a true solar leader in the U.S. Senate.

Chairman Bingaman was the primary author of the renewable energy manufacturing tax credit created in the 2009 stimulus bill. Under this bill, Applied Materials and several of its customers are seeking to purchase Applied manufacturing equipment and have applied for the 30% tax credits. He was the author of the Senate’s renewable electricity standard (RES) legislation to mandate utilities generate a portion of their electricity from renewable sources, as well as the Green Bank proposal to allow renewable energy projects seeking financing to apply directly from the U.S. government.

We are indeed honored to have him learn more about our company and thank him for the support he is giving to the solar industry.

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