On the heels of Secretary Salazar’s offshore wind energy announcement yesterday in Norfolk, both chambers of the Virginia General Assembly passed the Voluntary Solar Resource Fund Bill (HB 2191 and SB 975), which aims to set up a revolving loan fund for residential solar energy projects. The loan program will promote economic development and the production of clean, renewable energy at no cost to the state.

This bill is a win-win-win for all major parties involved: the citizens of Virginia who will receive the loans, the commonwealth’s solar energy industry, and utilities with an interest in distributed solar power.
“Renewable energy has had two major boosts today: first the announcement that Virginia could begin leasing offshore wind sites by the end of this year, and also from the passing of the Voluntary Solar Resource Fund bill in the Virginia General Assembly,” said Chelsea Harnish, Virginia Policy Coordinator for the Chesapeake Climate Action Network. Continue reading