Thursday, June 2, 2011

US to Offer More Funds for Solar Energy

The US. Department of Energy has just announced that $27 million will be granted to aid solar energy projects. This money is expected to help cut costs of solar energy and encourage use of solar energy by homeowners. It should be noted, however, that this funding does not apply to the panels themselves, only the hardware associated with the panels.

Steven Chu, the US Energy Secretary, said:

"These investments under the SunShot program can help to transform the solar energy industry by addressing significant challenges to solar energy deployment, including permitting and installation." 
Perhaps with monetary aid citizens may be more willing to consider other energy options. What do you think?

~Erin Bovelle~

Read more: http://www.upi.com/Business_News/Energy-Resources/2011/06/02/US-offers-more-cash-for-solar-energy/UPI-35551307019416/#ixzz1O9AmEVO3

1 comment:

  1. Have you seen whats been reported in coal industry and coal reports lately? The latest coal market news is all about emerging countries are predicting to use large amounts of thermal coal for power generation and coal mining for steel production and they are investing heavily onshore and offshore to secure the coal they need so that they can meet increasing demand for electricity and steel. Cherry of www.coalportal.com

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