November 30, 2006

Cloudy Outlook for Renewable Energy in California
Here's some sobering reading for startups and other companies hoping to cash in on California's green energy boom by building solar power stations, wind farms and wave generators: The Golden State is faltering in its efforts to meet a mandate to produce 20 percent of its electricity from renewable energy by 2010 and a third of its power from solar, wind and other green sources by 2020, according to a new report from the California Energy Commission.