SCHOTT to Build Facility in New Mexico

SCHOTT Solar, Inc. and New Mexico Governor Bill Richardson have announced that SCHOTT will construct a new solar energy technology production facility in the Mesa del Sol region of Albuquerque, NM.

Initially, the production site will manufacture receivers for concentrated solar thermal power plants (CSP) and 64MW of photovoltaic (PV) modules. SCHOTT will construct a 200,000 square-foot facility, which is expected to begin production in 2009 and immediately create 350 jobs. The investment in New Mexico by SCHOTT Solar will be on the order of $100 million. Long-term plans call for the building to expand to 800,000 square feet with 1,500 employees, representing a total investment of $500 million.

“According to both industry analysts and our projections, the market for solar energy will double over the next five years,” said Udo Ungeheuer, chairman of SCHOTT’s Board of Management. “With this new plant, SCHOTT Solar, the State of New Mexico, the City of Albuquerque, and Bernalillo County are taking a lead in answering the growing demand for renewable energy in the United States.”
Previous articleSolarWrights Acquires Kosmo Solar
Next articleBullish on Solar Energy, Bearish on Solar Stocks

No posts to display