Making America a 21st Century Solar Power RenewableEnergyWorld.com

26.04.10

Key to continued progress on these goals will be federal leadership; smart, integrated policy prescriptions; and ideas, commitment and investment from private industry.

Dow Corning is deeply committed to advancing solar power, as well as other renewable energies and sustainability technologies. Over the past five years, we have announced investments of $5 billion in solar technology, which includes significant expansion of Hemlock Semiconductor – a joint venture in which we are majority shareholder and one of the world’s largest producers of polycrystalline silicon; groundbreaking for construction on a plant that will manufacture monosilane gas – a key material used to manufacture thin-film solar cells; and a solar panel installation and Solar Discovery Center at our corporate headquarters in Midland, Michigan.

The U.S. government has also demonstrated its commitment to renewable energy. President Obama indicated that his administration will invest $150 billion over 10 years to accelerate the development of a clean energy-based U.S. economy that will create five million new green collar jobs. And in the American Recovery and Reinvestment Act of 2009, $500 million was dedicated to training workers to fill potentially more than 315,000 green-related jobs in construction, engineering, science and skilled trades. Of particular significance to Dow Corning, President Obama in January announced $2.3 billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the U.S.

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