Manufacturing facility is closer to DOE loan aid approval
Ascent Solar Technologies is reportedly moving closer to getting approval for loan aid from the U.S. Department of Energy for its proposed 150-MW manufacturing facility in Colorado.
U.S. photovoltaic module maker Ascent Solar Technologies has reportedly said it has moved closer to getting approval for loan aid from the U.S. Department of Energy for its proposed 150-megawatt manufacturing facility in Colorado.
The company, which also makes building-integrated photovoltaics, said its FAB3 module manufacturing plant has a value of about $375 million, of which $275 million would be under the loan guarantee program.
Under loan guarantees, the federal government commits to paying portions of private loans in case the companies default.
Read the full-length article here.
- Edited by Amanda McLeman, Plant Engineering, www.plantengineering.com
- Events & Awards
- Magazine Archives
- Oil & Gas Engineering
- Salary Survey
- Digital Reports
Annual Salary Survey
After almost a decade of uncertainty, the confidence of plant floor managers is soaring. Even with a number of challenges and while implementing new technologies, there is a renewed sense of optimism among plant managers about their business and their future.
The respondents to the 2014 Plant Engineering Salary Survey come from throughout the U.S. and serve a variety of industries, but they are uniform in their optimism about manufacturing. This year’s survey found 79% consider manufacturing a secure career. That’s up from 75% in 2013 and significantly higher than the 63% figure when Plant Engineering first started asking that question a decade ago.