Thin film solar photovoltaic panel manufacturing plant coming to U.S.
General Electric to develop a 400 MW thin film solar photovoltaic panel manufacturing plant in the US to produce the company's thin film technology.
Argus reported that General Electric will develop a 400 MW thin film solar photovoltaic panel manufacturing plant in the US to produce the company's thin film technology, which it says is the most efficient on the market.
Multiple locations are under consideration for the facility will be the largest US manufacturing plant of its kind. The company projects it will produce enough solar panels each year to power 80,000 homes.
The announcement followed the disclosure last week of GE's plans to acquire France based Converteam, through a USD 3.2 billion deal that gives GE a 90% stake in the power conversion company. GE has said it intends to purchase the remaining 10pc over the next two to five years. The company also recently completed the acquisition of thin film technology developer PrimeStar Solar.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.