Thursday, January 7, 2010

California processing 244 proposals for renewable energy facilities

California processing 244 proposals for renewable energy facilities

http://www.renewableenergyfocus.com/view/6197/california-processing-244-proposals-for-renewable-energy-facilities/

Governor Arnold Schwarzenegger says the projects represent 70,000 MW of capacity that will help the state meet its 2020 goal of one-third of power from renewables. The 244 proposed projects include solar, wind, geothermal, biomass and hydro technologies, but each project must receive regulatory approval before it can be built. Many of the proposed projects currently are moving through a state, federal or local permitting process. More than 50 of the proposed projects have indicated that they will apply for 30% tax credit funding under the American Reinvestment & Recovery Act, and will break ground before the end of 2010. Of these larger projects, 22 would have utility-sized capacity of at least 200 MW, and they would total 9,000 MW…. In October, Schwarzenegger signed a Memorandum of Understanding with the federal Department of the Interior to expedite the permitting process for renewable energy projects in California, and he appointed a special advisor to oversee the fast-tracking of the permitting process for green power facilities…. Schwarzenegger established California’s Renewable Portfolio Standard (RPS) by executive order calling for 33% renewable energy by 2020…. California has 8,000 MW of green power capacity, and needs an additional 15,000 MW to 25,000 MW to reach its target.

Learn more about Solano County's Energy Cluster and your opportunity to "plant your business in Solano County" by linking to http://www.solanocounty.com/energycluster