Pennsylvania, US: USD$20.5 million to be invested in solar energy

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The governor also stressed the need to increase Pennsylvania’s clean energy portfolio standards, saying higher standards will translate into even more jobs and economic development for the state.

"The solar industry has grown at a rapid pace despite the uncertain economy," commented Rendell. "Investors and developers have proven anxious and eager to invest in clean solar energy projects. Venture capitalists alone poured USD$1.4 billion into the industry last year. Pennsylvania could attract a larger share of that action if we just increased the solar share of our portfolio standards law."

He continued: "Pennsylvania is on pace to become one of the top five states this year for the amount of installed solar generation capacity we have, but that’s because of the standards we enacted six years ago.” He added that that less than two years ago, Pennsylvania’s installed solar capacity was minimal. "Today, we have more than 39 megawatts of capacity installed, or enough to power 5,900 homes and that number increases daily.

"Unless we move now to increase our solar share – even to a modest 1.5 percent target – the types of projects we’re announcing today won’t even consider Pennsylvania. They’ll look elsewhere and take their jobs with them. And the 600 solar businesses now operating in Pennsylvania may move to another state where the sun shines brighter. Not acting on this issue now will only hurt our economy in the long-run."

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