Indian Solar Giant To Invest $1.5B In New U.S. Factories ...Middle East

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Indian Solar Giant To Invest $1.5B In New U.S. Factories
source : OILPRICE ( Middle East ) () 33
A venture group backed by India’s second-largest solar energy company, Vikram Solar, will invest up to $1.5 billion in the U.S. solar energy supply chain, with the first investments going to a factory in Colorado next year, according to an exclusive Reuters report.  The $250 million Colorado facility will be capable of producing 2 gigawatts (GW) of modules a year initially and double the capacity over time and will also create more than 900 jobs.  Newly formed VSK Energy LLC will leverage India's extensive solar manufacturing know-how…

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