Wednesday, November 26, 2008

Los Angeles sets 10% solar goal for 2020

By JOSIE GARTHWAITE, GigaOm

Los Angeles Mayor Antonio Villaraigosa plans to unveil a proposal this afternoon to meet 10 percent of the city’s energy needs with solar power by 2020. The announcement will be made at Solar Integrated Technologies, an LA-based company contracted last month to supply thin-film solar panels for a 1.1 megawatt project by Oregon utility Portland General Electric. ...

Update: The mayor’s office has revealed that the planned 1.3 gigawatt project is to be a network of solar power systems owned by the city, residents and private companies. The proposal includes new incentives and low-interest loans for residential and commercial installations, as well as a push for large-scale solar projects outside of the Los Angeles basin (in the Mojave Desert, for example) with purchase agreements — but not necessarily funding — from the LA utility. After about eight years, the Department of Water and Power would have the option to buy these plants.

Los Angeles Sets 10% Solar Goal for 2020

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