(Source: Datamonitor)
GE has announced plans to build its new solar panel factory in Aurora, Colorado. When completed, the manufacturing facility will create 355 jobs in Colorado.
GE anticipates the new factory will first start up earlier than expected with the first panels coming off the line in 2012 with commercial availability in 2013. GE will locate the factory in an existing building in Aurora, just east of Denver. This location, which also is in proximity to GE's existing solar center of excellence, enables an accelerated start-up schedule with production equipment installation beginning in January 2012, the company said.
At capacity, the new factory will produce enough panels per year to power 80,000 homes and will be larger than 11 football fields. When complete, the new solar factory will highlight a $600 million investment in GE's solar business.
"Working with our Colorado-based solar team, we were able to achieve record efficiencies in our solar panels in record time," said Victor Abate, vice president of GE's Renewable Energy business. "The Colorado location will allow us to deliver our technology roadmap faster and commercialize industry-leading panel efficiencies sooner. We also look forward to continuing to build our relationships with Colorado's local, state and federal officials who have been extremely helpful as we moved through the site selection process."
In support of its expected growth in the solar space, GE also announced plans to create 100 new positions in New York. "We plan to add 100 high-tech jobs between our Renewable Energy Global Headquarters in Schenectady and GE's Global Research Center in Niskayuna," Abate said. "The Cuomo administration has demonstrated a change in business culture in New York state. New York is well positioned to continue to be part of GE's solar business growth."
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