Edward G. Rendell, the Governor of Pennsylvania, has announced $5.7 million in investments to help schools and business across the state save over $500,000 per year by the installation of 3.6 MW of clean electrical energy generation projects. The investments on these projects are likely to contribute $19.3 million to the economy of Pennsylvania.
Edward added that the state has over 11 MW in operation with further 80 MW in development. These projects will help reduce the cost incurred on solar technology and also make it affordable for consumers.
The clean energy projects were approved by the Commonwealth Financing Authority, which controls the economic stimulus programs of Pennsylvania, including some portion of the Alternative Energy Investment Fund valued at $650 million.