Abengoa partners with E.ON to build solar mirror plants in South Spain
China Announces Focus on Renewable Energy and Nuclear Power
President Obama Proposes Home Energy Retrofit Program for Job Creation
Obama Unveils "Smart Energy" Plan For Green Energy Jobs
Obama seeks to end Oil & Gas Subsidies while increasing Renewable Energy funding
Treasury Grant Program Extension could Create 207,000 Solar Industry Jobs
Concentrated Solar Power Plants May Finally Clear Red Tape
Solar Renewable Energy Credit allows New Jersey Homeowners to Earn Big Money for Solar Pow
California Approves Stimulus Funding for 3GW of Solar Projects
Renewable Energy Investments Outperforming Estimates. Now Companies Want More
White House plans Rooftop Solar Installation
California Solar Power Plants Approved to Begin Construction
Who will be the big winners for 2010? Smart Grid, Energy Retrofitting or Solar?
13 Solar Companies awarded DOE funds for Concentrating Solar Power
California Renewable Energy Project Proposals near 70GW
Abengoa and Abound Solar get $2Billion Solar Stimulus Money
During his weekly address on Saturday, July 2nd, President Obama announced a two billion dollar stimulus package to fund the creation of new solar energy power plants. This stimulus will be funded by the Recovery Act and will be paid to two solar companies: Abengoa Solar, which plans to build a solar plant in Arizona, and Abound Solar, which is building plants in Indiana and Colorado.
The Obama administration asserts that the stimulus funds will benefit the nation in three ways. Firstly, according to the administration's stimulus-tracking website, recovery.gov, approximately 3,600 construction jobs and 1,585 permanent jobs will be created. This will help to reduce the national unemployment rate, which is currently 9.5%. Secondly, the creation of more solar energy power plants will increase the use of renewable energy resources while decreasing the country's dependence on foreign oil.
While many Republicans have objected to the growing amount of money distributed by the Recovery Act, Obama asserts that this stimulus money will ultimately help the economy by creating more American jobs in an industry that cannot be outsourced.
Recommended for Further Reading:
- Abengoa partners with E.ON to build solar mirror plants in South Spain
- China Announces Focus on Renewable Energy and Nuclear Power
- President Obama Proposes Home Energy Retrofit Program for Job Creation
- Obama Unveils "Smart Energy" Plan For Green Energy Jobs
- Obama seeks to end Oil & Gas Subsidies while increasing Renewable Energy funding
- Treasury Grant Program Extension could Create 207,000 Solar Industry Jobs
- Concentrated Solar Power Plants May Finally Clear Red Tape
- Solar Renewable Energy Credit allows New Jersey Homeowners to Earn Big Money for Solar Pow
- California Approves Stimulus Funding for 3GW of Solar Projects
- Renewable Energy Investments Outperforming Estimates. Now Companies Want More
- White House plans Rooftop Solar Installation
- California Solar Power Plants Approved to Begin Construction
- Who will be the big winners for 2010? Smart Grid, Energy Retrofitting or Solar?
- 13 Solar Companies awarded DOE funds for Concentrating Solar Power
- California Renewable Energy Project Proposals near 70GW
Abengoa and Abound Solar get $2Billion Solar Stimulus Money http://t.co/sYmKRxip #eco #cleantech #greenbuilding #renewableenergy
Abengoa and Abound Solar get $2Billion Solar Stimulus Money http://bit.ly/dz2hHb #eco #cleantech #greenbuilding #renewableenergy
Abengoa Solar und Abound bekommen Milliarden Sonnenmassen Stimulus ... http://bit.ly/anOqAH
plis do not forget mi ok bey.
RT @buildaroo: Abengoa and Abound Solar get $2Billion Solar Stimulus Money #Abound Solar #Alternative Energy #Clean http://bit.ly/aSWPGQ