Saturday, July 3, 2010

Micro Baby Steps Toward Renewable Energy

Here's an idea: Confiscate all of BP's assets and divide it up among the first 10 American companies that build 10-megawatt renewable energy power plants. Because this ain't gonna cut it.

In this week’s address, President Barack Obama announced that the Department of Energy is awarding nearly $2 billion in conditional commitments from the Recovery Act to two solar companies. Abengoa Solar has agreed to build one of the largest solar plants in the world in Arizona, which will create about 1,600 construction jobs with over 70 percent of the construction components and products manufactured here in the USA. When completed, this plant will provide enough clean energy to power 70,000 homes. And, Abound Solar Manufacturing is building two new plants, one in Colorado and one in Indiana. These projects will create more than 2,000 construction jobs, and over 1,500 permanent jobs as the plants produce millions of state of the art solar panels each year.




Full transcript here.

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