Everyone in Washington is scrambling to understand how we jumpstart our economy and deliver long term economic growth – especially in the midst of rising oil prices which threaten our fragile economic recovery. One ray of sunshine – solar.
Last week, before the House Energy and Commerce Committee, Subcommittee on Commerce, Manufacturing and Trade, the President of the Solar Industry Association, Rhone Resch, delivered some good news on solar’s role in spurring economic growth. The US solar industry grew from $3.6 billion in 2009 to $6.0 billion in 2010, a growth rate of 67%. Today, there are over 100,000 American citizens employed by the solar industry – the industry is a robust, fully functioning ecosystem.