SpectraWatt Sets Up Headquarters In New York


SpectraWatt Inc., a manufacturer and supplier of silicon photovoltaic cells, plans to establish the company's first factory and its new headquarters at the Hudson Valley Research Park in Hopewell Junction, N.Y. The move would initially create over 100 jobs in the New York region within the first year of operation.

‘Between the skilled work force, outstanding support from the Empire State Development Corp. and the valuable programs offered by the New York State Energy Research and Development Authority, the decision to locate in New York was very easy for us,’ states Andrew Wilson, CEO of SpectraWatt. ‘We look forward to building a successful future from our new home in the Empire State.’

The company, which is in the process of moving from its previous location in Oregon, aims to be in production early in 2010. SpectraWatt's first factory line will have an initial manufacturing capacity of 60 MW. Additional lines are already being planned, with site capacity expected to exceed 120 MW within the first two years of operation, the company adds.

SOURCE: SpectraWatt Inc.

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