September 19, 2007 / 5:20 PM / 11 years ago

SCHOTT to quadruple US solar panel output

NEW YORK (Reuters) - Private German solar company SCHOTT said on Wednesday it will quadruple its manufacturing of solar panels in the United States beginning in 2009.

“Demand for renewable energy in the United States is skyrocketing,” Udo Ungeheuer, chairman of the board of management of SCHOTT AG, said in a statement.

SCHOTT aims to boost its manufacturing of solar photovoltaic cells in the United States to 60 megawatts annually with a new plant.

The company has not yet decided where to locate the plant, which will compliment its existing Billerica, Massachusetts, factory, that has a capacity of 15 MW. The new plant will also have the capability to make receivers for concentrated solar power for use in areas that get high levels of solar radiation, such as deserts.

The new plant should add 300 jobs, mainly manufacturing positions, a spokesman told Reuters. He added that growth is expected and the plant could eventually employ as many as 1,500 workers. The company would not reveal the expected costs of the new plant.

SCHOTT Solar’s total PV production capacity worldwide is currently 130 MW. For 2010, the company aims for a global annual production capacity of crystalline solar cells and modules of about 450 MW.

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