GE to build largest solar panel plant in US

07 Apr 2011

1

Global technology leader General Electric (GE) today announced plans to build a 400MW thin-film photovoltaic (PV) module plant in the US, the largest such facility in the country so far.

The plant, which will start operations in 2013, will use the cadmium-telluride (Cad-Tel) technology for making PV panels.

The project, to be located in an yet-not-identified site, will have an annual capacity to produce solar panels capable of generating 400 megawatts of power.

The plant will employ 400 workers and create 600 jobs indirectly, reports quoting GE sources said.

General Electric has been investing heavily in solar panel production with the aim of becoming a major player in the PV module market.

"For the past five years, we've been investing extremely heavily in solar," said Victor Abate, vice president for GE's renewable energy business. "Going to scale is the next move," he added.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers