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September 30, 2009 > Governor Schwarzenegger highlights solar growth report

Governor Schwarzenegger highlights solar growth report

Submitted By Aaron McLear

Governor Arnold Schwarzenegger visited Solazyme, Inc. and highlighted the research by iSuppli Corporation which states that California is on track to more than double its power generated by solar panel installations in 2009. "This study reinforces that California must continue to invest in green technology while taking advantage of federal incentives," he said. "This will not only drive our state's green economy but it will ensure that we are leading in the fight against climate change. This is why I directed the California Air Resources Board to enact regulations to reach our 33 percent renewable energy standards by 2020 and signed AB 32 three years ago. California must remain the pioneer in creating clean energy and securing clean jobs."

According to iSuppli Corporations research, solar energy systems in California are set to more than double in 2009 compared to 2008 because of incentives from the U.S. stimulus package, defying a major downturn in the global market. Installations in California, measured in terms of megawatts of electricity production, are set to rise by approximately 120 percent in 2009, compared to a 26.9 percent decline for the entire world. State's outperformance is expected to continue in 2010 even as global installation growth will resume. Governor has also signed an Executive Order (EO) directing the California Air Resources Board to adopt regulations increasing California's Renewable Portfolio Standard to 33 percent by 2020, first established by the Governor's directive last year. The EO upholds California's leadership in environmental policies and builds on AB 32 goals by ensuring California will have the flexibility needed to use renewable energy sources for 33 percent of our state's energy consumption by 2020.

The Governor's order also places the highest priority on renewable resources that will provide the greatest environmental benefits that can be developed quickly and support reliable, efficient and cost-effective electricity system operations including resources and facilities located throughout the Western Interconnection. Working with the Public Utilities Commission (PUC), the Independent System Operator (ISO) and the California Energy Commission (CEC), CARB must adopt these regulations by July 31, 2010. California's push to fight global warming and increase renewable energy will also boost our economy. According to an economic study by the University of California at Berkeley and Next 10, California's policies will create as many as 403,000 jobs in the next 12 years and household incomes will increase by $48 billion.

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