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Posts Tagged ‘$2 billion’

Obama Awards Two Solar Companies with $2 Billion; Thousands of New Jobs on the Horizon

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While oil spill news continues to look bleak, the solar industry is on the rise. Yesterday, US President Barack Obama announced the awarding of about $2 billion to two solar energy companies that agreed to build new solar power plants in the US. This means more renewable energy and thousands of new jobs will soon be available. The companies that earned the reward are Abengoa Solar and Abound Solar Manufacturing. Abengoa plans to build one of the largest solar plants in the world, in Arizona. The plant will be able to power up to 70,000 homes. As for Abound Solar…

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