Solar project called biggest local investment since Intel - Albuquerque Journal
Solar project called biggest local investment since Intel | Business | abqjournal.com
New Mexico landed one of the solar industry’s global Goliaths when Maxeon Solar Technologies announced an immediate, $1 billion investment in a massive manufacturing facility in Albuquerque.
The company plans to build a 1.9 million-square-foot plant at the Mesa del Sol master-planned community in south central Albuquerque, where it will open the nation’s first new domestic factory in over a decade to build both solar cells and panels for sale across the country.
New solar plant announced
A flag hangs near the proposed site for Maxeon Solar Technologies $1 billion manufacturing plant at Mesa del Sol on Friday.
Jon Austria / Journal
Maxeon Solar Technologies employees, city, county and state representatives and community members mingle during an event at the Aperture Center at Mesa del Sol in Albuquerque on Friday.
Jon Austria / Journal
New Mexico Gov. Michelle Lujan Grisham speaks at the Aperture Center at Mesa del Sol in Albuquerque on Friday.
Jon Austria / Journal
Rep. Melanie Stansbury, D-N.M., speaks Friday during an announcement that Maxeon Solar Technologies plans to bring a $1 billon solar manufacturing plant to Albuquerque at an event at the Aperture Center at Mesa del Sol.
Jon Austria / Journal
Bill Muilligan, the chief executive officer for Maxeon Solar Technologies, speaks during an announcement at Aperture Center at Mesa del Sol in Albuquerque on Friday. Maxeon Solar Technologies had announced Thursday that it’s going to build a $1 billion solar factory in Albuquerque.
Jon Austria / Journal
Albuquerque Mayor Tim Keller speaks at the Aperture Center at Mesa del Sol in Albuquerque on Friday.
Jon Austria / Journal
U.S. Sen. Ben Ray Luján D-N.M. speaks during an event at the Aperture Center at Mesa del Sol in Albuquerque on Friday.
Jon Austria / Journal
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Related Knowledge Center: ENERGY BASICS: solar
Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.