Abound Solar has opened its first full-scale production facility in Longmont, Colorado. The facility uses a proprietary manufacturing process that the company said significantly reduces production costs of solar panels.
"We are now well positioned to deliver high-performing, cost-effective, solar modules that can accelerate clean energy usage around the world."
-- Pascal Noronha, CEO, Abound Solar
The fully automated facility will create more than 300 new jobs and, when at capacity, will produce 200 megawatts (MW) of solar modules annually staring in 2010. The plant is still in the pre-production phase. The first line installed at the plant represents an investment of US $65 million.
The facility's manufacturing process uses Abound Solar's proprietary continuous in-line semiconductor equipment to convert sheets of glass into solar panels in less than two hours.
“Today's facility opening represents a milestone for Abound. We have moved into commercial production, which allows us to keep pace with demand from our customers as the market expands,” said Pascal Noronha, CEO of Abound Solar. “We are now well positioned to deliver high-performing, cost-effective, solar modules that can accelerate clean energy usage around the world.”
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