Stimulus helps renewable energy during recession

The San Francisco Chronicle reports that this wicked economic downturn didn't deter growth of clean energy last year, thanks in large part to stimulus funding.

Still, the growth was more moderate than before the recession. An estimated $100 billion of the $787 billion stimulus package will be devoted to clean energy, the Chronicle reports, citing a study by the Clean Edge, Inc. research firm.

. That amount is significantly less than China's projected $440 billion investment in the industry over the next decade. "China indeed will be a formidable opponent to any other country...," said Ron Pernick, one of the report's authors.

Here at the SJVCEO, we are working with cities throughout the Valley to get clean-energy projects.