Obama pledges $120M toward solar power, clean energy

By Timothy Cama for The Hill:  The Obama administration announced Wednesday morning a series of efforts worth more than $120 million aimed at boosting solar and other clean energy sources.

The initiatives focus on the Department of Energy, where the bulk of the funding will go to programs to develop solar power technology and get it into homes, businesses and other facilities.

“President Obama and Vice President Biden are committed to promoting smart, simple, low-cost technologies to help America transition to cleaner and more distributed energy sources, help households save on their energy bills, and to address climate change,” the White House said in a fact sheet outlining the efforts.

“All told, this funding will drive the development of affordable clean energy throughout the country,” it said.

The actions aim to help out solar power in 24 states, officials said.  Cont'd...

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