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In yet another sign of the American Midwest becoming a solar production hub, multicrystalline solar cells GlobalWatt has chosen to build its first photovoltaic panel factory in Saginaw, Solar module MI. The company has been lured by an attractive package of tens of millions of dollars' Poly solar module worth of employment and business tax benefits offered by state and local agencies.
Local media first reported the story Tuesday (Dec. 15), following a press conference featuring Michigan Gov. Jennifer Granholm and company CEO Sanjeev Chitre. The plan is for some $177 million to be spent on the facility over the next three to five years, which should result in the creation of at least 500 new jobs. The manufacturing site, suggested by local authorities and chosen by GlobalWatt, used to house Enterprise Automotive Systems.
I reached Rohit Arora, GlobalWatt’s VP of corporate development, via phone at the company’s San Jose offices. He said the firm will make a formal announcement soon, but still shared additional details about the company’s manufacturing and general business plans.