Sponsored by Forest Grove Economic Development
Home The Latest More than $9B invested in Oregon renewable resources

More than $9B invested in Oregon renewable resources

| Print |  Email
The Latest
Monday, April 22, 2013

BY EMMA HALL | OB WEB EDITOR

03.01.12 WindInvestment in renewable energy manufacturing and projects in Oregon totals over $9 billion, according to a new report by the Renewable Northwest Project released for Earth Day. 

Oregon ranks third in the nation overall for renewable energy. A combination of wind, solar and geothermal projects generates more than $79 million in public revenue and creates an estimated 4,600 jobs in both direct construction and permanent operations and maintenance positions (as of the end of the fourth quarter of 2012).

Oregon ranks 5th in the nation for wind capacity installed, according to the American Wind Energy Association. That wind power has the capacity to power 700,000 Oregon households annually, nearly half of the state. Seattle-based Principle Power plans a 30-megawatt wind energy farm off the coast of Coos Bay, partially funded by a $4 million Department of Energy grant that could expand to as much as $47 million.

Yet it's not all bright and shiny for the renewable energy sector. Just today, SoloPower announced it will suspend operations at its Portland solar panel plant, laying off 29 workers. This comes after ongoing struggles that led to a companywide restructuring and pushed its taxpayer-backed factory months behind schedule. The North Portland fab has been open less than a year.

 

More Articles

Blips and trends in the housing market

News
Thursday, June 26, 2014
062614 thumb realestateBY ERIC FRUTS | OB BLOGGER

Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?


Read more...

OB Video: Building trade ties with the EU

News
Monday, June 16, 2014
BritEmbCampionBY KIM MOORE | OB RESEARCH EDITOR

The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

Interview: Dr. Mark Goulston

Contributed Blogs
Thursday, July 10, 2014
JustListenBY TOM COX | OB BLOGGER

Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.


Read more...

Community colleges and sustainability

Contributed Blogs
Thursday, July 31, 2014
sustainabilityBY MARY SPILDE | OB GUEST CONTRIBUTOR

Faced with the aftermath of the “great recession,” increasing concern about the environment and dwindling family wage jobs, we have some very important choices to make about our future.


Read more...

Creating a culture of compliance

Business tips
Thursday, June 19, 2014
DataBY MONICA ENAND | GUEST CONTRIBUTOR

Nine tips for building habits among employees to respond when needed.


Read more...

Understanding Oregon medical marijuana dispensary tenants

News
Friday, June 13, 2014
061314 thumb grassrentBY CLIFF HOCKLEY | OB GUEST BLOGGER

This article summarizes the key considerations a building owner must keep in mind when thinking about leasing to a medical marijuana dispensary.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS