California's clean energy future threatened by federal delays, state officials say

Plans for a massive expansion of clean energy in California are being jeopardized by federal foot-dragging, according to state officials who say that more than 20 nearly shovel-ready solar and wind projects are being held up by the U.S. Department of Energy. The projects are valued at as much as $30 billion, according to estimates by Gov. Arnold Schwarzenegger's office. But the Department of Energy's laborious procedures to guarantee loans threaten to stymie construction financing for many of the projects, and builders could lose out on more than $10 billion in federal stimulus funding if they can't start digging by the end of the year. At stake are more than 12,000 new, high-paying construction and manufacturing jobs and the opportunity to replace a large portion of the state's fossil fuel-powered electric generation with nonpolluting energy. Source: LATimes

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Joyce Dayton Corp - Solar Tracking Jack Solutions

Joyce Dayton Corp - Solar Tracking Jack Solutions

Joyce Solar Jacks are specifically designed for heavy-duty solar tracking applications. Available in machine screw and ball screw models, these cost effective and efficient jacks precisely position loads at speeds typical of solar tracking applications. Configurations are available to meet individual customer tracking and positioning requirements. These jacks are designed for outdoor applications and built to stand up to environmental challenges found at solar installations around the world. Specifications: * Ideal for larger loads, 2 tons to 30 tons * Available in acme screw or ball screw * Suitable for utility or commercial installations * Integral trunnion mount * Long life/low maintenance design * Built to ISO 9001:2008 Standards. Joyce delivers more than the finished product. Quality is built into the whole process from expert engineering support during design conception to top-notch customer support after shipment. Contact Joyce for the products and support you need.