« Time to start importing good ideas | Main | NAHB Launches Green Building Program »
October 24, 2007
California and corporate backs solar water heating
All it takes in this market is big corporate backers to bring technology mainstream, and California legislature is incentivizing the big boys to put their money where the country's mouth is.
Among the other legislature passed by our buddy Gov. Schwarzenegger was a bill that creates the largest incentive program for solar assisted hot water heaters - to the tune of about $250 billion. Now, Citigroup, Morgan Stanley, and Bank of America have announced their intent to get into financing solar systems.
Again, California leads the way. The next decade should show the emergence of fantastic new solar cell technology and power optimization and integration technologies from the same locale that brought us computer technology.
Why do you think California is so progressive with energy technology? How does this legislature affect our market?
Posted by Stacy Hunt at October 24, 2007 6:16 AM
Trackback Pings
TrackBack URL for this entry:
http://blogs.scrippsnetworks.com/cgi-bin/mt/mt-tb.cgi/734
