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Wednesday, September 14, 2011

NEWS - $500 million solar-panel factory in Baja California


Sept. 13 (Bloomberg) -- Baja Sun Energy SRL said it will invest more than $500 million in a solar-panel factory and energy farm in Baja California that will sell power on both sides of the Mexico-U.S. border.

The Mexicali, Mexico-based company will start building its facility this year and plans to make panels capable of 100 megawatts annually and a 10-megawatt solar facility that will expand to 150 megawatts, according to a statement yesterday. Mexican employees will be trained by Arima EcoEnergy, a New Taipei City, Taiwan, manufacturer of concentrated photovoltaic module systems, Baja Sun said in the statement.

The North American solar market may grow significantly over the next 10 years, Baja California Governor Jose Guadalupe Osuna Millan said in the statement. The company will open a sales office in San Diego.

"Mexico has more sunshine per capita than most countries in the world," he said while attending a ceremony in Taipei to announce the partnership. "Mexico can be one of the world's largest players in this process given our cost and location advantages."

Arima, Grupo Maiz of Monterrey, Mexico and the Silicon Border, which owns the CleanTech solar industrial park in Mexicali, are investors. The new business will be located at the Silicon Border facility, according to the statement.

Arima EcoEnergy will outfit the factory for production of cells, modules and dual-axis tracking systems, according to the statement.

There are 335 solar projects with a combined capacity of 1.45 gigawatts currently installed in North America and the Caribbean, according to Bloomberg New Energy Finance data sets. That's up from 1.16 gigawatts at the end of 2010, according to the data.
--Editors: Judy Pasternak, Tony Barrett


Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2011/09/12/bloomberg1376-LRGWYI0YHQ0X01-69P029DSAORCSV3V1NMR9QNS75.DTL#ixzz1XxqMWnN2