When President Obama signs the so-called American Recovery and Reinvestment Act tomorrow in Denver, he will be signing into law the single most expansive economic rescue package since the Great Depression, even after cuts to the legislation. The final $787 billion bill, being signed within the his first 30 days in office, likely could be the biggest piece of legislation President Obama will ever sign. Indeed, it would be a heady moment for any president.
Better yet, the final act gives many reasons for the solar power industry to be pleased.
The bill includes about $6 billion in loan guarantees for renewable energy project, mostly solar. PV industry estimates some 67,000 jobs will be created in 2009 and 119,000 more over the next two years.
ARTICLE CONTINUES HERE AT SOLAR FEEDS
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