Wells Fargo’s Warning for Tesla Investors

Wells Fargo’s Warning for Tesla Investors
(AP Photo/David Zalubowski)

Blocked from developing more wind power in Ohio, renewable energy companies have set their sights on the sun.

Nearly two dozen solar farms are in some form of development across the state, according to the Ohio Power Siting Board, the state agency that approves construction of new sources of electricity.

Add it all up, and it amounts to about 4,000 megawatts of power — the equivalent of two or three traditional power plants and about a seventh of Ohio's current total electricity production. Right now, solar power contributes just about 0.5% of Ohio's output.

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