How many billions of dollars are we spending on solar power?



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    Last month, Obama made the announcement that the Department of Energy would be spending $2 billion on solar energy development. This money will be going to two principal solar companies: Abengoa Solar and Abound Solar Manufacturing. The spending is expected to create 1,600 to 5,000 new jobs. Abengoa Solar has a huge project in Arizona called Solana, which would provide electricity to 70,000 homes.

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