To fulfill solar energy's promise, the President's Advanced Energy Initiative and the 2007 Budget proposes a new $148 million Solar America Initiative (SAI) — an increase of $65 million over the FY06 budget. The Solar America Initiative will accelerate the development of advanced solar electric technologies, including photovoltaics and concentrating solar power systems, with the goal of making them cost-competitive with other forms of renewable electricity by 2015.
Energy Secretary Announces Selection of $168 Million in Solar Energy Projects