SOLAR POWER PLANT IN ALBURQUEQUE

20080114054744_schott_33812web.jpegSchott Solar Inc. will build a new solar power plant factory in Albuquerque, New Mexico. It will cost $100 million, employ 350 people, and produce 64 Megawatts by the end of the first quarter of 2009. The Company wants to expand its plant to 800,000 square feet with 1,500 employees. That represents a total investment of $500 million.

Schott Solar Inc. is wholly owned by the German Company Schott AG which is part of  Carl  Zeiss Group. In North America, the company employs 2,500 people in 16 operations. Mark Finocchario, CEO of Schott’s North American operations underlined the potential of the US South-West to develop Solar energy. Especially, New Mexico set an aggressive policy to grow renewable energy. The State could became the “Land of Enchantment” for green energy.

Full story: http://www.us.schott.com/english/news/press.html?NID=211 

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