Tag Archives: abound solar

The U.S Dept of Energy grants $1.8 billion for the creation of clean energy jobs

Clean EnergyThe Energy Department has granted $1.8 billion to Abengoa Solar and Abound Solar Manufacturing, to aid them in the construction new solar plants. This grant is a part of the Government’s policy to start a sustainable environment and also for the creation of more job opportunities for the American people. The grant is a part of the $862 billion stimulus bill set aside for environmental protection, creation of sustainable job opportunities and ending the country’s dependence on foreign oil.

Abengoa Solar, based in Arizona will build one of the world’s largest solar plants. It is reckoned that this project will reduce carbon dioxide emissions yearly by 475,000 tons which is equivalent to carbon dioxide emitted by 90,000 vehicles annually. Construction is expected to start by autumn and begin operations by mid 2013. Continue reading

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Obama Declares $2 billion Dollars for Solar Power Funding

According to reports the president during the weekend has revealed the government will spend nearly $2 billion to fund solar power initiatives. The source of the funds will be from the $863 billion Recovery Act. Funding will be allocated among … Continue reading

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The U.S Department of Energy has Offered Abound Solar a $400 Million Loan Guarantee to Create 1,200 Green Collar Jobs

Funding will assist the company in meeting the demand for the solar panels and allow the creation of 1,200 new green collar jobs. Jul. 6, 2010 —Today Abound Solar said that the U.S Department of Energy has offered the company … Continue reading

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