web analytics
keyetv.com Austin News, Weather, Traffic KEYE-TV Austin - HOME
 

Solar panel company plans Philly plant

 Posted by on November 30, 2009
Nov 302009
 

From Green Right Now Reports

Pennsylvania Gov. Edward G. Rendell announced today that one of the world’s most competitive and innovative thin-film solar panel producers will open a manufacturing facility in Philadelphia’s Navy Yard, creating 400 jobs and leveraging hundreds of millions of dollars of private investment.

The governor said the planned project by Heliosphera US represents an exciting development for Pennsylvania’s green economy that will bolster the state and city’s reputation as an emerging leader in solar technology and development.

“This was a very competitive project and Heliosphera’s decision to locate this exciting facility at the Navy Yard speaks volumes about Pennsylvania’s efforts to build a competitive economic climate and one that encourages growth and innovation in the renewable energy field that will define our future,” Gov. Rendell said in a statement.

“This project means a great deal for the city and the state, not only in terms of jobs and the sizeable investment the company is making here, but also in strengthening our state’s presence in the solar energy industry. Solar is the fastest growing source of electric generation in the world. With this and other solar projects underway across the state, we’re making a statement that we intend to be a leader in that growth.”

Pennsylvania provided the company with a $49 million funding offer, coordinated through the Governor’s Action Team, consisting of a variety of grants and loans.

Pennsylvania has been a leading state in advancing renewable energy technologies. There are more than 1,300 solar projects underway in Pennsylvania today that, once completed, will bring the state’s total solar capacity to nearly 60 megawatts, or enough to power 7,200 homes. That level of expected growth represents a 15 fold increase in the amount of solar energy produced in the state in only a couple of years and will make Pennsylvania one of the top five states for solar production by 2010.

Pennsylvania is also one of the fastest growing states for wind power, ranking second nationally in wind power growth in the second and third quarters of 2009. By the end of 2009, Pennsylvania will have 17 operating wind farms providing 800 megawatts of electricity; enough to power 270,000 homes.

The Governor noted that Philadelphia is gaining a reputation as an emerging leader in solar technology and development. Earlier this year, the U.S. Department of Energy designated Philadelphia as a “Solar America City.” Last summer, the nation’s leading solar industry group, the Solar Energy Industries Association, chose Philadelphia as the site of its first “PV America” conference, which attracted corporate executives, energy leaders, small business owners and entrepreneurs from across the nation.

Governor Rendell said that Pennsylvania could attract even more renewable energy projects by expanding the state’s alternative energy portfolio standards, which was first enacted in 2004 and led to the state’s rapid growth in the industry. He urged the legislators to pass House Bill 80, which among other things would increase the share of energy electric companies must obtain from solar photovoltaic sources to 3 percent by 2026. The requirement is now 0.5 percent by 2020.

Heliopsphera Holding SA, an affiliate company of Heliosphera US, recently began operating its new 60 megawatt production facility in Peloponnesus, Greece. Production in that plant began in September 2009.