ReneSola Commences Trading on the AIM
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The Million Solar Roofs bill, SB 1 (Murray/Levine), passed the Senate Energy Committee yesterday with a unanimous vote from all nine Democrats and Republicans present. The bill now moves to the Senate Floor for a final concurrence vote before heading to the governor’s desk. “Solar power makes so much sense in California given our continued energy shortages and air pollution problems,” said Bernadette Del Chiaro, clean energy advocate for Environment California. “This bill allows California to take a step forward toward realizing the goal of building a million solar roofs and making California the Saudi Arabia of the sun.” The Million Solar Roofs bill, SB 1, contains three main policies intended to accompany the California Solar Initiative established by the Public Utilities Commission through a regulatory proceeding in January, after SB 1 ran aground in the legislature last year. The California Solar Initiative is a $3.2 billion fund providing rebates for a million solar roofs in PG&E, Southern California Edison and San Diego Gas & Electric territories. The program is the nation’s largest and aims to build 3,000 MW of solar power, the equivalent of six large power plants, on homes, businesses, farms, and schools throughout the state. The policies […]
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