26 May '12, 7pm

First Solar ‘Furloughs’ Half its AVSR1 Workforce, 1,100MW in Jeopardy: The 230-megawatt Antelope Valley Solar

First Solar ‘Furloughs’ Half its AVSR1 Workforce, 1,100MW in Jeopardy: The 230-megawatt Antelope Valley Solar

The 230-megawatt Antelope Valley Solar Ranch One (AVSR1) photovoltaic power plant being built for Exelon Corporation (NYSE: EXC) by First Solar (Nasdaq : FSLR) is facing some challenges. Exclusively to GTM, Assistant Los Angeles County Supervisor Norm Hickling confirmed rumors of “a large layoff” of the AVSR1 workforce on Friday. “I also understand negotiations continue,” Hickling added about attempts to settle the dispute between First Solar and LA County that has put the project six weeks behind schedule, with “little progress.” Approximately 120 of the current 240 person workforce was “furloughed,” according to First Solar Public Relations Director Alan Bernheimer. This is a severe blow to an already jobs-poor Los Angeles-adjacent community where recent studies found as many as one in three homeowners behind and/or underwater with their mortgages. Negotiations began in ...

Full article: http://www.greentechmedia.com/articles/read/First-Solar-F...

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