Tag Archive for: cleanenergyeconomy

CA is home to thousands of solar businesses – most of which are small businesses – that employ more than 78,000 people across the state.

How solar energy is powering up the California economy

Greater Palm Springs has long been known as the place to be for fun in the sun, but extreme heatwaves have many residents focused on a more basic goal: beat the heat.

The sweltering temperatures that the Coachella Valley is enduring this summer – and the stress the heat places on the electric grid – highlight the importance of solar power, energy storage and federal policies that are driving the clean energy economy.

When folks crank up the air conditioning to stay cool, demand on the grid soars, and Californians experience the benefits of solar whether they realize it or not. The hottest times of the day are often when solar production peaks and energy storage technology allows homes and businesses to run their AC with confidence at all hours.

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Source: Desert Sun

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Private investment in clean energy projects surged after President Biden signed an expansive climate bill into law last year.

Biden’s climate law is reshaping private investment in the United States

Private investment in clean energy projects like solar panels, hydrogen power and electric vehicles surged after President Biden signed an expansive climate bill into law last year, a development that shows how tax incentives and federal subsidies have helped reshape some consumer and corporate spending in the United States.

New data being released on Wednesday suggest the climate law and other parts of Mr. Biden’s economic agenda have helped speed the development of automotive supply chains in the American Southwest, buttressing traditional auto manufacturing centers in the industrial Midwest and the Southeast. The 2022 law, which passed with only Democratic support, aided factory investment in conservative bastions like Tennessee and the swing states of Michigan and Nevada. The law also helped underwrite a spending spree on electric cars and home solar panels in California, Arizona and Florida.

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Source: New York Times

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