09/02/24 - 146 New Stories - REAL Environmental & Conservation Leadership In PA: http://tinyurl.com/yck6vkb4
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Commonwealth Financing Authority Invests $5 Million In 13 Solar Energy Projects
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The Commonwealth Financing Authority this week approved $5 million in 13 solar energy projects around the state.
“We have made remarkable progress in making Pennsylvania a leader in renewable energy in a very short period of time,” said Gov. Rendell. “We’ve invested nearly $1 billion in projects that put more than 8,300 people to work. And now, with the federal Recovery funds President Obama and Congress wisely dedicated to the renewable sector, we’re able to achieve even more growth.”
The projects will generate enough electricity to power approximately 500 homes, are benefiting from the $650 million Alternative Energy Investment Fund approved in 2008. They were approved for funding by the Commonwealth Financing Authority.
“We are making tremendous strides in bringing more solar capacity on line,” said Gov. Rendell. “By December 2010, Pennsylvania will rank in the top five states for solar in terms of megawatts operating. With the programs that we have in place today and the funds made available to us through the federal stimulus, this will bring our total solar capacity to nearly 60 megawatts or enough to power 7,200 homes.
A list of projects approved is available online.
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3/1/2010 |
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