GE radiates confidence with plans for solar-panel plant in Aurora

Date: 18 October 2011
Source: http://www.denverpost.com

Date: 18 October 2011

General Electric​'s plans to build a $300 million solar panel plant in Colorado comes as the solar industry has been rocked by a string of bankruptcies and falling prices.

On Friday, as GE executives outlined plans to build the country's largest solar factory in Aurora, a congressional committee was holding hearings in Washington, D.C., on the bankruptcy of solar-panel maker Solyndra.



California-based Solyndra filed for bankruptcy on Sept. 6, shutting its plant and firing 1,100 workers.



The federal government was left to cover a $535 million loan guarantee and private investors lost an estimated $1 billion.



Solyndra was the third panel maker to file for bankruptcy in three months.



Read more: www.denverpost.com/business/ci_19117587

600450 GE radiates confidence with plans for solar-panel plant in Aurora glassonweb.com

See more news about:

Others also read

Proprietary laminate windows collect, store energy; convert it to electricityRIVIERA BEACH, FL – An innovative new patented technology transforms office building windows into "solar farms" and allows these structures to reuse collected energy and become self-sufficient in the event of a power outage.
DALLAS, Texas, December 22, 2011 /PRNewswire/ --ReportsnReports adds new market research report 'Solar Photovoltaic (PV) Power - Global Market Size, Installation Prices, Module Market Shares, Market Segmentation, Regulations and Key Country Analysis to 2020' to its store.
The University of Minnesota's historic Folwell Hall completed three years of extensive renovation, just time for the 2011 academic year.
The development of ESG’s privacy glass product, ESG Polyvision™, has quite literally reached new heights.
We sincerely thank all our members, friends and visitors for being part of GlassOnWeb and its success during 2011.
Michael Gai has been named Vice President of Operations at Glass Doctor, following the recent promotion of Mark Liston to President.

Add new comment