Obama Gives $1.85B for Solar Energy Plants
July 5, 2010 10:37 AM
comment(s) - last by
(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
This article is over a month old, voting and posting comments is disabled
RE: Instead of...
7/5/2010 5:21:14 PM
It's time to teach Americans how to fish.
You have it so wrong. We must not let politicians keep raising taxes on our right to fish.
"If you can find a PS3 anywhere in North America that's been on shelves for more than five minutes, I'll give you 1,200 bucks for it." -- SCEA President Jack Tretton
Wikileaks Reportedly in Shambles, Secure Submission System Dies
July 1, 2010, 6:30 PM
New Suit Against Limewire Could Total 15 Times Music Industry's Yearly Income
June 18, 2010, 8:08 AM
U.S. Government Approves First Off-shore Wind Farm, Environmentalists Promise to Sue
April 29, 2010, 10:11 AM
SpaceX Falcon 9's Seventh Supply Mission to ISS Ends w/ Fiery Stage 1 Explosion
June 28, 2015, 1:10 PM
Cool Science Video: Glowing Millipede Prowls the Nevada Desert
May 18, 2015, 12:00 PM
Newly Discovered Costa Rican Glass Frog is Kermit's Doppelgänger
April 22, 2015, 11:26 AM
Researchers Hope to Find "Exotic" Lifeforms Inside Crater of Dinosaur Killing Meteor
April 14, 2015, 8:47 PM
Mathematician's Sociological Formulation May Explain the "Hipster Paradox"
April 14, 2015, 1:13 PM
Cool Science Video: This is What a McDonald's Burger Looks Like in Your Stomach
April 7, 2015, 1:43 PM
Most Popular Articles
F-16 Schools Trillion-Dollar F-35 in Mock Combat, Fleeing is Best Option Pilot Admits
July 1, 2015, 5:53 PM
Apple Music: The Money, The Launch Hiccups, and the Nitty Gritty Details
June 30, 2015, 5:09 PM
Apple iOS 8.4 Rolls Out w/ Fix to Crash-Causing Unicode Text
June 30, 2015, 3:24 PM
Windows XP, Vista Users Can Get Free Windows 10 Upgrade Thanks to Loophole
June 23, 2015, 2:23 PM
Quick Note: Lumia 940 XL "Cityman" Phablet Gets Teased Via Tests
June 29, 2015, 5:51 PM
Latest Blog Posts
Sceptre Airs 27", 120 Hz. 1080p Monitor/HDTV w/ 5 ms Response Time for $220
Dec 3, 2014, 10:32 PM
Costco Gives Employees Thanksgiving Off; Wal-Mart Leads "Black Thursday" Charge
Oct 29, 2014, 9:57 PM
"Bear Selfies" Fad Could Turn Deadly, Warn Nevada Wildlife Officials
Oct 28, 2014, 12:00 PM
The Surface Mini That Was Never Released Gets "Hands On" Treatment
Sep 26, 2014, 8:22 AM
ISIS Imposes Ban on Teaching Evolution in Iraq
Sep 17, 2014, 5:22 PM
More Blog Posts
Copyright 2015 DailyTech LLC. -
Terms, Conditions & Privacy Information