http://cleantechnica.com/2010/02/24/usa-to-get-16-gigawatts-of-renewable-energy-from-the-recovery-act-2/ Clean Tech News & Views: Solar Energy News. Wind Energy News. EV News. & More. Tue, 30 Dec 2014 10:54:00 +0000 hourly 1 http://wordpress.org/?v=4.0.1 http://cleantechnica.com/2010/02/24/usa-to-get-16-gigawatts-of-renewable-energy-from-the-recovery-act-2/#comment-57462 Mon, 06 Dec 2010 19:58:36 +0000 http://cleantechnica.com/?p=5988#comment-57462 The government is not paying the full cost of new infrastructure in clean energy. Private investors are encouraged by this level of government support (in the form of tax credits, cash in lieu of tax credits or loan guarantees) to invest additional money to complete the investment.

]]> http://cleantechnica.com/2010/02/24/usa-to-get-16-gigawatts-of-renewable-energy-from-the-recovery-act-2/#comment-57460 Mon, 06 Dec 2010 19:57:04 +0000 http://cleantechnica.com/?p=5988#comment-57460 The take-away from this article can not be correct. We have not produced 16 GW of new generating capacity with an investment of 26 G$. That implies that solar is about 1/2 the cost of coal fired plants, which is silmply put, wrong. Perhaps it is the case that we have made and additional 16 GW peak capacity, on the sunniest and windiest day, but that would translate into about 1/4 that much on average. Further, I also doubt that the 26 G$ is in fact the total cost of the generating capacity but, perhaps, just seed money.

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