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General Electric will build the largest PV panel factory in U.S.

General Electric annonced that it will build the largest photovoltaic panel factory in U.S., with the goal of becoming a major player in the market.
The plant, whose location has not been determined, will employ 400 workers and create 600 related jobs, according to G.E. The factory would annually produce solar panels that would generate 400 megawatts of energy, the company said, and would begin manufacturing thin-film photovoltaic panels made of a material called cadmium telluride in 2013. While less efficient than conventional solar panels, thin-film photovoltaics can be produced at a lower cost and have proven attractive to developers and utilities building large-scale power plants.
G.E. has signed agreements to supply solar panels to generate 100 megawatts of electric power to customers, including a deal for panels generating 60 megawatts with NextEra Energy Resources.

Source: www.nytimes.com

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Short URL: http://solar-magazine.com/?p=919

Posted by on Apr 7 2011. Filed under _featured slider, Analysis & Features, BUSINESS, INDUSTRY, Solar PhotoVoltaics, USA, WORLD. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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