US renewable capacity to double by 2012: DOE

The US is on track to double renewable energy generation capacity by 2012 and halve solar power costs by 2015, according to the Department of Energy

Investments made as a result of the American Recovery and Reinvestment Act, passed in February 2009, have spurred energy innovation and boosted the development of renewable energy sources, according to a report released this week by the US Department of Energy (DOE). More costly sources, such as solar power, will also become less expensive as a result.

According to the report, the US will double domestic renewable energy generation by 2012 from the 28.8 gigawatts (GW) of solar, wind, and

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