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How Renewable Energy Jobs Are Changing America

How Renewable Energy Jobs Are Changing America

The renewable energy industry is not just one that hopes to secure a future a for the next generation. Investment in the sector is actually making a change today especially n the area of job creation. TSBReview.com has spotted an article by Traviv Hoium that perfectly reflect Renewable Energy jobs are changing America.

Few industries in the U.S. are growing as fast as renewable energy. As a result, renewable energy jobs are growing rapidly in everything from manufacturing to installation to maintenance. Workers with the right skills in the right location have a chance to not only find work but grow along with an emerging industry.

Companies like SolarCity (NASDAQ: SCTY ) , Vivint Solar (NYSE: VSLR ) , SunPower (NASDAQ: SPWR ) , and General Electric (NYSE: GE ) are just a few of the fast growing renewable energy companies, creating the renewable energy infrastructure that is providing cleaner energy and jobs for the U.S.

As the industry grows, it’ll snowball: lowering the cost of energy for everyone and creating even more jobs. Here’s what you need to know about the industry

Companies like SolarCity (NASDAQ: SCTY ) , Vivint Solar (NYSE: VSLR ) , SunPower (NASDAQ: SPWR ) , and General Electric (NYSE: GE ) are just a few of the fast growing renewable energy companies, creating the renewable energy infrastructure that is providing cleaner energy and jobs for the U.S.

As the industry grows, it’ll snowball: lowering the cost of energy for everyone and creating even more jobs. Here’s what you need to know about the industry.

Renewable energy job growth is astounding

To start, let’s put the global renewable energy industry in some perspective. According to the International Renewable Energy Agency’s Renewable Energy and Jobs-Annual Review 2014, there are 6.5 million people employed in renewable energy around the globe. Leading the way was 2.3 million people employed in the solar industry.

In the U.S., according to Environmental Entrepreneurs, there were 80,000 clean energy jobs created in 2013 and another 36,100 have been announced through the first three quarters of 2014.

The number of U.S. solar industry jobs grew 20% last year to 143,000, according to The Solar Foundation — 10 times the national average growth rate. In 2014, the number of jobs is expected to grow another 16% to 165,000.

The bottom line is job growth in renewable energy is strong and the industry continues to grow as costs fall.

Where the jobs are

Most of the renewable energy industry is currently concentrated in the Southwestern U.S. and Hawaii. California has an astounding 15,397 renewable energy projects announced, under construction, or in operation. Texas follows with 6,368 projects and Hawaii has 5,748 projects. Hawaii leads the country in solar rooftop systems per capita, a big driver of employment in the industry.

California and Hawaii have strong solar resources and Texas has abundant wind, which is driving renewable energy in those states. But what’s changed of late is the growth of renewable energy in the Northeast. Maryland, Massachusetts, New York, and New Jersey have put in positive policies and incentives for renewable energy, changing the landscape there. There are also shifts in the kind of renewable energy jobs being created, growing beyond just installing and maintaining projects. Companies like Tesla Motors (NASDAQ: TSLA ) , SolarCity, and even GE are building renewable energy manufacturing plants in the U.S. That’s something that wasn’t happening a decade ago.

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Article Culled From The Motely Fool

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