Solar plants get $87M in credits
Published 9:58 pm Saturday, January 9, 2010
PORTLAND – Three companies have gotten a total of $87 million in tax credits to boost clean-energy technology in Oregon.
They include the SolarWorld wafer plant in Hillsboro and a German company, Centrosolar, reported to be interested in a photovoltaic operation in Gresham.
The SolarWorld plant got the largest amount of credits – $82 million – for an expansion.
Spokesman Ben Santarris called the credits a welcome addition as the company struggles to compete with panel manufacturers that get substantial government backing in countries such as China.
He said SolarWorld, also based in Germany, is hiring eight to 10 workers a week for the Hillsboro plant. The company plans to invest $500 million, have 1,000 employees and be able to produce solar panels with 500 megawatts of generation cap