07 Apr '11, 5pm

GE announces plans to build the largest solar panel factory in the U.S.

07 Apr 2011: GE Announces Plans to Build The Largest Solar Panel Factory in the U.S. General Electric has announced plans to build the nation’s largest photovoltaic panel factory , a major piece in the company's new $600 million investment in solar technology. GE is considering several locations for the 400-megawatt plant, which would begin producing thin-film photovoltaic panels, made of cadmium telluride, by 2013. Although less efficient than conventional solar panels , the technology lends itself to low-cost, high-volume production and has proven to be popular with developers and utilities operating large-scale solar plants. At capacity, the GE facility would produce enough solar panels to power 80,000 homes annually, company officials said . “We are addressing the biggest barrier for the mainstream adoption of solar technology: cost,” said Victor Abate, vice president ...

Full article: http://e360.yale.edu/digest/ge_announces_plans_to_build_t...

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