PA's Solar Capacity To Triple With Help Of New State Investments

Pennsylvania will triple its solar capacity with the announcement of nearly $23 million in new grants and loans for companies throughout the state this week.

"From a 134-acre solar park in the northeast to hot water heaters for Pittsburgh firehouses, Pennsylvania is investing in its energy future," Gov. Rendell said. "Thanks to the groundwork we've laid during the past several years, we are ready to create a brighter future for Pennsylvania's renewable energy industry while advancing our energy independence.

"Even in this economic downturn, we're creating jobs, expanding Pennsylvania's manufacturing base and producing more environmentally friendly, home-grown energy options. These projects—which will also help consumers, businesses and local governments lower their energy costs and fossil fuel consumption—illustrate how Pennsylvania is becoming a leader in the renewable energy."

Eight projects were approved for funding by the Commonwealth Financing Authority this week.  The grants and loans that were approved are funded by the solar energy program, a key component of the $650 million Alternative Energy Investment Fund that Gov. Rendell signed into law in July.

A list of projects funded is available online.