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HomeMy WebLinkAboutCSURF RESEARCH CAMPUS - ODP - 4-04B - MEDIA -AVA Solar ro s aci mity plan �-)6ck .,, 3(ia� Company announces it won't build at corner of I-25, Prospect BY PAT FERRIER PatFerrier®coloradoan.cum In a move that stunned Colorado State University and city officials, AVA Solar on Thursday announced it was abandoning plans to build a large-scale manufacturing facility on the southwest corner of Interstate 25 and Prospect Road in favor of a spot in Longmont. AVA Solar was to be the anchor of the new CSU Research Foundation research campus, bringing up to 600 jobs and showcasing Northern Colorado's commitment to renewable and clean energy in a highly visible location. AVA Solar said it still intends to begin pilot production of its cad- mium telluride thin film photo- voltaic modules at its existing Fort Collins facility at I-25 and Mulberry in the second half of this year. Dave Halter, vice president of AVA Solar, said in a statement: "It AVA Continued from Page Ag became clear that building a new facility from scratch would take longer than we could afford given existing market conditions" The company has leased the building next door to its existing facility, giving it the necessary space to get into production this year earlier than it thought, Halter said. And, he added, the company found an existing building in Longmont that was "perfect for our needs that could start receiv ing production equipment arriv- ing in April" Halter did not return phone calls seeking comment Thursday night. CSU spokesman Brad Bohlander said AVA's decision was disappointing but does not change CSU's plans' for the research park. "We were all hoping AVA Solar would be the potential anchor tenant, but we're still optimistic they will locate their headquarters and their offices that are remaining in Fort Collins at the park; but as far as the research park goes, we're in the master plan phase and talk- ing with companies interested in locating there" The property swap and sub- sequent rezoning was bigger than just AVA,Atteberry said. "obviously this is a setback, but the vision that CSU has is not based on one site selection Pascal Noronha, president and CEO of AVA Solar, said in a state- ment the company plans to get its products into the market faster than the company thought possible last year. AVA Solar reaffirmed its com- mitment to Fort Collins and Northern Colorado. The compa- ny will likely keep its headquar- ters here and estimates having 150 employees in Fort Collins by the end of the year and up to 500 in the region by the end of 2009. The news came as a surprise to the city, which traded the land to CSURF for the research cam- pus, and the university, where the technology was developed and decision, so - although, -it will have an impact on the kind of activity we see out there — we had hoped to see dirt turning in the next couple months — I am confident CSU will hold strong to its vision" Fort Collins Mayor Doug Hutchinson said he too was dm appointed considering how much work the city had already put into the project and how close it was to fruition. .To have it go this far and then have this happen is a particular disappointment in my mind" Hutchinson said the effort Fort Collins and CSU are putting into clean and renewable ener- gy has set the stage for other opportunities at the park. "Given this is a great environ- ment where there are great pos- sibilities for synergy, it puzzles me that this business decision was made to not be a part of the nexus of what's happening" which has been financially back- ing the company. City Manager Darin Atteberry told the Coloradoan on Thursday that Noronha told him in an "urgently called meeting" on Tuesday of AVA's decision. "It came as a complete sur- prise; Atteberry said when asked if he knew AVA was considering other locations. "Early on I knew they had looked at all their options, but I was under the impression that Fort Collins was the home of their company and that's where they were going to stay" See AVA/Page At 0