President Obama Announces Goldman Sachs' $10 Billion Commitment to Solar Energy

President Obama announced a number of public and private sector initiatives to support the deployment of solar power in the United States. As part of Goldman Sachs' existing commitment to finance and co-invest $40 billion over the next decade towards clean technology and renewables, the firm will target $10 billion for distributed generation renewables including solar in the US.This significant investment by Goldman Sachs aligns with the broader goal of increasing renewable energy adoption in the country. The focus on solar power reflects a strategic move towards...