Solar Power Inc. selects site for U.S. manufacturing facility

Facebook
Twitter
LinkedIn
Reddit
Email

Solar Power Inc. has selected McClellan Business Park as the site for its U.S. manufacturing facility, subject to the finalization of building agreements. The company has received an initial commitment of US$24.7 million in Recovery Zone Facility Bonds (RZFB) from Sacramento County and plans to use the proceeds from the sale of these bonds to help finance renovation and outfitting of the solar panel manufacturing facility.

A portion of the RZFB bond proceeds will go towards the development of a 10MW utility-scale photovoltaic solar system in Sacramento County with an estimated value of US$50 million.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Governor Schwarzenegger said, “The addition of this renewable energy manufacturing facility is great news for Sacramento and the rest of the State because it will lead to more homes and businesses powered by sunshine while creating jobs in the clean-tech industry.”

The proposed manufacturing facility at the McClellan site will be approximately 100,000 square feet with an annual production capacity of 50MW of Solar Power, Inc.’s solar panels

“We are very excited to have one of the solar industry’s leaders select McClellan Business Park for its world headquarters and manufacturing operations,” said Ken Giannotti, senior vice president with McClellan Business Park.  

Solar Power, Inc. expects to receive the bond proceeds and begin construction on the new headquarters and manufacturing facility in July 2010 for completion in early 2011.

For more on SPI’s plans, see the recent Chip Shots blog here.

Read Next

July 7, 2025
The board of REC Silicon is running out of time on a buyout offer by Korean conglomerate Hanwha previously dismissed as "lowball".
Premium
July 7, 2025
Collecting project performance data and managing cybersecurity concerns is no simple task for many project managers.
July 7, 2025
ReNew has received a non-binding final acquisition offer from a consortium at US$8 per share, which is 13.2% more than their earlier offer.
July 7, 2025
Chinese energy giant China Petroleum and Chemical Corporation, also known as Sinopec, has commenced operations at a 7.5MW offshore floating PV plant in China.
July 7, 2025
GameChange Solar has announced plans to supply trackers for the 1GW second phase of the Abydos project in Egypt.
July 7, 2025
Private equity firm Ardian has completed the acquisition of French independent power producer Akuo, a transaction unveiled in March 2025.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK