Solar Power World

Solar Not Forgotten In Obama’s Proposed 2011 Budget

The proposed 2011 budget that was proposed by President Barack Obama does not exclude investments in clean energy, but subsidies for the oil, coal and gas industries were.Specifically, the president’s FY 2011 budget request includes the following:Lending authority to support approximately $40 billion in loan guarantees for innovative clean energy programs;More than $108 million in new funding to advance and expand research in the areas of wind, solar and geothermal... Read More

Obama Backs Solar Jobs In His State Of The Union Address

Clean energy jobs and economic recovery took center stage in President Barack Obama’s second State of the Union address tonight before a Joint Session of Congress that was televised and webcast across the country and around the world.The President said that there should more Americans working to  building clean energy facilities, and plans to give rebates to Americans who make their homes more energy efficient, which supports clean energy jobs.Last... Read More

Obama Gives $2.3B In Tax Credits to Solar & Wind Energy

President Barack Obama last week announced the award of US $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits. One hundred eighty three projects in 43 states will receive that funds that are meant to help create tens of thousands of jobs through the domestic manufacturing of advanced clean energy technologies including solar, wind and efficiency and energy management technologies. While projects selected for this tax credit generally must be placed in service... Read More