The Colorado Economic Development Commission approved nearly $9.2 million in Job Growth Incentive Tax Credits on Thursday morning for Project Pothos, the code name given to a new joint venture between a U.S. and foreign company looking to launch a solar panel manufacturing plant.
Earlier this month, Amprius Technologies, which has developed a more efficient silicon anode technology for lithium-ion batteries, confirmed it would “This project would support the state’s economic goals by creating jobs in the economy in the renewable energy sector,” Michelle Hadwiger, director of global business development at the Colorado Office of Economic Development and International Trade told commissioners at their monthly meeting.
The company, which is also considering Texas, said it zeroed in on Adams County because of its proximity to the airport and the I-25, I-70 and I-76 highway corridors, and its more available housing supply. Although the joint venture doesn’t have any employees yet, the U.S. partner employs about 6,000 workers, while the foreign partner employs about 2,000.
What's happened to journalism? You used to ask questions.
What's happened to journalism? You used to ask questions.
Solyndra here we come