Solar, Geothermal Projects To Get $467M From Feds

Law360, New York (May 27, 2009, 12:00 AM EDT) -- More than $467 million in funding from the American Reinvestment and Recovery Act of 2009 will be put toward developing and expanding geothermal and solar energy projects throughout the U.S., President Obama said Wednesday in a speech marking 100 days since the $787 billion stimulus package went into effect.

The funding will help the solar and geothermal industries overcome technical barriers; achieve new technologies; and provide support for new clean energy jobs, especially in the Western U.S., the president said, speaking from Nellis Air Force Base...
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