SCHOTT Solar has ceremonially inaugurated its state-of-the-art manufacturing facility for products used to generate solar power, a year after breaking-ground on the project’s first phase.
The 200,000 square-foot facility represents an initial investment of over $100 million in the Albuquerque region from the global SCHOTT Solar group. SCHOTT has created 350 jobs at the new facility, which will continue to ramp up production throughout the summer.
Federal, New Mexico, and Albuquerque dignitaries and government officials joined SCHOTT Solar executives to dedicate the facility on 11 May. Government officials praised the facility as a bright spot in the regional and national economy.
“This facility is proof that smart policy can create jobs and spur investment,” said New Mexico Gov. Bill Richardson. “SCHOTT Solar has recognized the vast potential that exists for solar energy in the United States and especially New Mexico. They have taken a leadership position to manufacture technologies that can capture this limitless energy source.”
Anticipating the need to increase production of its solar power technologies as the market for renewable energy in the U.S. grows, the new site is designed to support expansion of both SCHOTT’s photovoltaic module and solar thermal receiver lines. Long-term plans call for the buildings to expand to 800,000 square feet with employment reaching 1,500 people, representing a total investment of approximately $500 million.