Solar
Frontier is poising to join other solar companies in New York State following
the signing of a Memorandum of Understanding to explore locating its US
headquarters and opening a solar
panel factory in the region.
The
company has signed the MOU with the State University of New York College of
Nanoscale Science and Engineering (SUNY CNSE). Under the MOU, the company will
look to conduct a technical and economy feasibility study for both R&D
possibilities with the College and the manufacturing of CIS thin-film modules in
Buffalo.
A
statement from SUNY CNSE said that the potential undertaking could generate over
$678 million in investments over seven years and create 250 direct jobs and
700-1,000 indirect jobs.
Hiroto
Tamai, president and representative director of Solar Frontier, said in a
statement, “We are honoured to work with New York State and CNSE to advance our
proprietary CIS technology R&D and manufacturing in New York. Collaboration
would provide Solar Frontier the opportunity for significant growth, by
establishing overseas production bases and advancing our company as a global
leader in solar
energy. And under the leadership of Governor Andrew Cuomo, New York is a leading
candidate for an international manufacturing facility.”
If
a deal eventually goes ahead, it will make Solar Frontier the second company of
its ilk to enter the region after panel manufacturer Silevo. The Silevo building
is to be based at the RiverBend clean energy technology hub in South Buffalo,
along with lighting producer Soraa.
The
RiverBend site is being made possible through a $225 million dollar by the State
of New York through The Buffalo Billion Investment Development Plan, which was
launched last year. Funding for the first phase of that plan came in the 2012
budget. The plan calls for a multi-year $1 billion economic development package
for the city of Buffalo with the aim of spurring $5 billion in investment and
creating thousands of jobs. And in January, Governor Cuomo unveiled $1 billion in
additional funding for the state’s
NY-Sun Initiative.
CNSE
has previously built a major high-technology R&D infrastructure that
initially targeted semiconductor R&D and manufacturers such as Global
Foundries, formerly the manufacturing operations of US microprocessor firm,
Advanced Micro Devises.
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