Results tagged “solarenergy”

Today, the Obama Administration announced plans to fork over $6-plus million to AC Transit of Hayward, "to help reduce global warming, lessen America’s dependence on oil and create green jobs." The funds come from the Economic Recovery Act, and will be yet another boon to the growing eco-industry in the Bay Area.

According to a White House report, "Energy Secretary Steven Chu today offered a $535 million loan guarantee for Solyndra, Inc. to support the company’s construction of a commercial-scale manufacturing plant for its proprietary cylindrical solar photovoltaic panels. The company expects to create thousands of new jobs in the U.S. while deploying its solar panels across the U.S. and around the world."