Solexant Corporation is creating a new factory in Gresham, Oregon to produce a specific kind of solar modules. The project is anticipated to create about 200 jobs, 97 of which will be for local residents.
Plans for constructing the new factory call for the work to begin in 2011. An existing building with 150,000 square feet is being adapted for the project. The work is being assisted by a $25 million dollar loan from the Oregon state government, and $18.75 million in tax credits from the city of Gresham.
Solexant makes thin-film solar power modules that are printed onto surfaces. Nanocrystal inks are used for the printing. Last year it was reported the San Jose-based company expected they could, “sell modules for $1 per watt, with efficiencies above 10 percent.” The company wants to produce about 100 megawatts of solar modules per year in the new factory.
Nanocrystals are tiny particles that can be printed on a metal foil. When they are printed they are heated so they can fuse together in larger pieces. The fusing into larger pieces causes the nanocrystals to have a higher capacity for converting sunlight into electricity. Their production process is said to be cheaper than silicon-based solar panel production.
The City of Gresham has received the EPA Green Power Communities designation. The award is for having a percentage of residents who use energy from renewable sources.
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