New Calif. Clean Energy Goals Need Projects Of All Sizes

By Keith Goldberg (January 9, 2015, 6:36 PM EST) -- California Gov. Jerry Brown's ambitious proposal Monday to have half the state's electricity come from renewable sources by 2030 will cheer developers whose utility-scale work has dried up in the Golden State, but they'll have to embrace the growing distributed generation sector to fully cash in, experts say.

California already has some of the most aggressive renewable energy mandates — in the form of a so-called renewable portfolio standard, or RPS — in the country: Utilities must draw 33 percent of their power from renewable sources by 2020. But Brown upped the ante in his annual State of the State address,...

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