The largest residential solar rooftop program in U.S. history is on its way. Energy Secretary Steve Chu announced its arrival on Wednesday with a partial guarantee for a $344 million loan to help solar installers put solar panels on military housing and other buildings over the next five years.
California-based SolarCity will install up to 371 MW of solar equipment in up to 124 military bases and 33 states, the DOE said. The SolarStrong Project, which could see solar panels cropping up on as many as 160,000 rooftops, will cost more than $1 billion, SolarCity said..
