Obama Gives $1.85B for Solar Energy Plants
July 5, 2010 10:37 AM
(Source: Hybrid News Demo)
(Source: Red, Green and Blue)
Hopes to increase use of green technology and create jobs
In addition to the
recent $20 million the government gave
to support the development of
offshore wind energy
, the Obama Administration is making another hefty donation to support additional efforts in renewable energy, but this time, it's for solar power. President Barack Obama is giving $1.85 billion to two solar companies in order to
build new solar plants throughout the United States
Obama's plan behind this
new financial commitment
is to create different avenues of renewable energy use and to also create new jobs for American citizens. His announcement regarding the donation for this project was presented in his weekly online and radio address on Saturday, which was one day after the
U.S. Department of Labor
revealed that employers, for the first time in six months, cut payrolls once again due to the possible end of 225,000 temporary census jobs.
The two solar companies that Obama has chosen to present the money to are
Abound Solar Manufacturing
. Abengoa Solar plans to build one of the world's largest solar plants near Gila Bend, Arizona while Abound Solar Manufacturing will build plants in Indiana and Colorado. Together, these plants will create more than 2,000 construction jobs and 1,500 permanent jobs.
"We're going to
keep competing aggressively
to make sure the jobs and industries of the future are taking root right here in America," said Obama.
Out of the total $1.85 billion, $1.45 billion will go to Abengoa Solar, since it's Arizona solar plant will create 1,600 jobs alone and will be able to power approximately 70,000 homes. The other $400 million will go to Abound Solar Manufacturing.
"Already, I've seen the payoff from these investments," said Obama. "I've seen once-shuttered factories humming with new workers who are
building solar panels
and wind turbines; rolling up their sleeves to help America win the race for the clean energy economy."
U.S. Department of Energy
announced some clean energy news as well. The
Weatherization Assistance Program
, which insulates and protects homes and buildings with energy efficient improvements, has already helped perform weatherization work on more than 30 percent of homes in 12 states. This totals to approximately 108,000 homes and is saving more than $47 million on energy bills. The program has also created 10,000 jobs.
In addition, the U.S. Department of Energy has approved another $76 million for energy efficient building equipment and technology as well as new training programs for commercial building operators, technicians and auditors.
Obama holds high hopes for these new programs and developments, hoping they'll boost the economy, and saying that "the administration is accelerating the
transition to a clean energy
economy and doubling our use of renewable energy sources such as wind and solar power -- steps that have the potential to create whole new industries and hundreds of thousands of new jobs in America."
The construction of these new solar plants are the latest efforts toward cleaner energy and employment under the
U.S. Recovery Act
"I want people to see my movies in the best formats possible. For [Paramount] to deny people who have Blu-ray sucks!" -- Movie Director Michael Bay
Government To Give Maine $20M for Offshore Wind Development
July 1, 2010, 12:21 PM
Bio Robots, Solar-powered Refrigerators Contribute to Green Movement
June 22, 2010, 7:10 AM
U.S. Government Approves First Off-shore Wind Farm, Environmentalists Promise to Sue
April 29, 2010, 10:11 AM
PIQ ROBOTTM reveals its new artificial intelligence software
November 29, 2016, 12:59 AM
One more time - Happy Thanksgiving to Everyone Around the World
November 24, 2016, 4:00 AM
Google’s Smart Contact Lens Project gets halted for 2016
November 20, 2016, 7:00 AM
Cell Research Study shows African Americans have greater immune response to infection
November 10, 2016, 1:00 AM
UTHealth Clinical Trial Shows Progress Using Stem Cells to Treat Traumatic Brain Injury
November 8, 2016, 1:00 AM
Uber Partners with Circulation to Pilot Program Connecting Transportation and Digital Health Care
November 6, 2016, 5:00 AM
Most Popular Articles
What Can You Do with Your New Echo Dot?
December 3, 2016, 5:00 AM
Google has developed Deep Learning Algorithm to detect Diabetic Eye Disease
December 4, 2016, 5:00 AM
Microsoft Surface – Which Surface is Right for You?
December 2, 2016, 5:00 AM
The iPlugmate is an Excellent iPhone Flash Drive at a Great Price. (Deal Expires in 3 Days)
November 23, 2016, 1:00 AM
Foscam R2 Home Security Camera System – High Quality High FHD Security Video Footage with No Monthly Fees
December 1, 2016, 2:00 AM
Latest Blog Posts
Latest Tech News
Dec 8, 2016, 5:11 AM
In The News
Dec 7, 2016, 5:00 AM
e Guide: Mobile Security for 2017
Dec 6, 2016, 5:00 AM
Apple Car is Not Dead
Dec 5, 2016, 1:00 AM
Dec 4, 2016, 5:00 AM
Dec 3, 2016, 5:00 AM
Dec 2, 2016, 5:00 AM
Surface Ergonomic Keyboard
Dec 1, 2016, 3:01 AM
Chapeconense plane crash: Football rallies around Brazilian Team
Nov 30, 2016, 1:00 AM
How to Extends Your iPhone’s Battery Life
Nov 29, 2016, 12:49 AM
Nov 28, 2016, 1:12 AM
News: Fidel Castro
Nov 27, 2016, 5:00 AM
Nov 26, 2016, 5:00 AM
Changes in Social status affect the way genes turn on and off within immune cells.
Nov 25, 2016, 5:12 AM
Austrian far–right hopeful Hofer may back EU vote.
Nov 24, 2016, 4:00 AM
Final Fantasy XV Leaked Before Nov 29 Launch Date
Nov 23, 2016, 1:00 AM
Nov 22, 2016, 2:26 AM
Nov 21, 2016, 1:00 AM
HTC Makes Big Moves in China
Nov 20, 2016, 2:00 AM
Do you know who is the number one company in the word?
Nov 19, 2016, 5:30 AM
More Blog Posts
Copyright 2016 DailyTech LLC. -
Terms, Conditions & Privacy Information