Friday, March 16, 2012
Portland signed a grant agreement with Seattle-based Tangerine Power to install solar panels on eight community structures.
Local residents and business owners will be encouraged to buy shares of the energy produced by the solar panels.
“We definitely see solar as a promising part of the future energy supply, but it’s got a ways to go,” said Michael Armstrong, senior manager at the Bureau of Planning and Sustainability. “We want to implement a system that will drive the cost of solar power down, attract solar industry to town and open ownership to a broader scope of people.”
Many residents and business owners can’t access solar energy because they rent or own property not viable for solar panels. However, an investment in one of the community solar panels can help support a system that some city officials believe could be the future of renewable energy.
Read more at The Daily Journal of Commerce.