Oregon creates economic incentive for utility-scale solar [Video]

Shortly after establishing its goal to have a 50 percent Renewable Energy Portfolio Standard by 2040, Oregon passed more legislation to boost its solar industry. 

The new law establishes a financial incentive program for utility-scale solar projects. Under the new legislation, the state will compensate projects generating between 2 MW and 10 MW of solar energy with a monthly payment of  a half cent per kilowatt-hour for five years. Gov. Kate Brown said the incentive program will hopefully encourage more solar projects to come online. 

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