Solar Powered Economic Engine

Solar Powered Economic Engine

The message in Rob DeLine’s article published in the latest issue of Fortnightly SPARK is clear and simple: solar energy can provide numerous economic benefits for local communities, businesses, consumers and utilities while delivering affordable clean renewable electricity.  DeLine, a Managing Director in Applied’s Solar Group and fellow blogger on this site discusses how wholesale distributed generation can become a viable self-sustaining economic growth engine.  According to DeLine, such a solar power generation business model has been proven in Europe and Asia and makes good sense for the US.

Here’s what I think is a key takeaway excerpt:  “The economic impact of an integrated wholesale distributed generation ecosystem can bring a steady stream of jobs to a community.  By our estimates, about 850 short-term jobs will be created by the construction of a solar plant, and another 500 permanent jobs after the plant is in production.  And assuming the community uses the output of the factory to build out local solar energy, another 1,500 jobs are required on an ongoing basis.”

I encourage you to read his article here

Fortnightly SPARK is an e-newsletter of Public Utilities Reports Inc., the leading provider of information and analysis to the electric, natural gas, water and telecom industries.

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