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

Innovation: a critique

News
Wednesday, October 08, 2014
1008 innovation thumbBY LINDA BAKER | OB EDITOR

A Design Week panel discussion raises questions about how innovative we really are.


Read more...

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

The Rail Baron

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Oil is gushing out of the U.S. and Canada, and much of it is coming from places that don’t have pipeline infrastructure. So it’s being shipped by rail.


Read more...

Two Sides of the Coin

Contributed Blogs
Wednesday, October 22, 2014
22 twosidesBY JASON NORRIS

Historically, when the leaves fall, so do the markets. This year, earnings, Europe, energy and Ebola have in common? Beyond alliteration, they are four factors that the investors are pointing to for this year’s seasonal volatility.


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Revenge Forestry

November/December 2014
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG

A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.


Read more...

100 Best Nonprofits announced

News
Thursday, October 02, 2014

100NP14logo4WebOregon Business magazine has named the sixth annual 100 Best Nonprofits to Work for in Oregon.


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