Exiom Group | Obama takes triple-pronged approach to boost US solar
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Obama takes triple-pronged approach to boost US solar

President Obama has launched a triple-pronged approach to boost the solar energy sector in the US.

The plans, which will not require the approval of Congress, are designed to enable job creation, improve federal procurement plans and create new finance options for investors.

“Over the past few years, the cost of solar panels have fallen by 60%; solar installations have increased by 500%. Every four minutes, another American home or business goes solar, and every panel is pounded into place by a worker whose job cannot be overseas,” Obama told an audience in Mountain View, California on Friday 9 May.

“So today, no matter where you live or where you do business, solar is getting cheaper and is getting easier to use than before. And with more businesses and rural cooperatives and homes choosing solar, prices keep coming down, manufacturers keep getting more innovative, and more jobs are created. Last year, jobs in the solar industry increased by 20%.

“But we’ve got more work to do. And I want to work with Congress to do it. Unfortunately, Congress has not always been as visionary on these issues as we would like. It can be a little frustrating. But in this Year of Action, wherever I can go ahead and create my own opportunities for new jobs, I’m going to take it.”

Vía PV Tech

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