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HomeMy WebLinkAboutCSURF RESEARCH CAMPUS - ODP - 4-04B - MEDIA - (5)P0 ✓ / �, a 0 0 7 PAT FERRIER, 224-7742 E-MAIL: BUS] NESSNEWS@C0L0RAD0AN.00M Solarplannedpanel lant p AVA Solar could hire 600 workers within two years BY TREVOR HUGHES TrevofRughesdcoloradoan.com A Fort Collins company has big plazas to help homeowners start running their electric me- ters backward with the help of low-cost solar panels. AVA Solar, a spinoff of Col- orado State University, wants to have its manufacturing plant up and running in about a year; with as many as 600 employees within two years, said CEO Pas- cal J. Noronha. The plant is planted for the southwest comer of Interstate 25 and Prospect Road. While city leaders am excit- ed about the potential new jobs, it's the low-cost solar pan- els that have Noronha charged up. Homeowners who install the panels costing about $15,000 to $20,000 can pump electricity into the national grid when the sun is shining. "The sun shines for about eight hours in a day," Noronha said."Utilities are willing to take that energy and make your me- ter run in reverse. Once you have (the panels) in place, the energy is free." Noronha said most home- owners would be able to make back the cost of the panels Within 10 years, leaving anoth- er 20 years to gather free solar energy before the panels need to be replaced. Noronha has been reluctant to discuss the company's plans in detail because so many start- ups fail within a few years. But he's hoping that the combina- tion of private and CSU fund- ing, along with a huge demand for clean energy, will quickly propel AVA into the top eche- lon of solar companies. Solar energy is particularly attractive in rural areas because the panels can power individ- ual homes and shops without the need for transmission lines and expensive power plants. AVA uses a different type .of material than usual to make the solar cells, which its inventors say is cleaner and cheaper than the Lmirent method. The technology was devel- oped by CSU researchers, and the university is financially backing the companyA scaled - down manufacturing plant is al- ready operating at I-25 and Mul- berry, Noronha said, and things are looking promising for scal- ing up. "If we can do that, if we are fortunate to do that, then them should be infinite demand," he said Wednesday evening at a community meeting to discuss the project "Where the upper limit is, we couldn't tell you right now" Noronha said he plans to have the entire factory eventu- ally become a "net zero" con- sumer of energy, by using some of the panels it makes to power the plant and possibly the of- fice building it wants to erect nearby. The project is currently working its way through the city's planning process. A for- mal hearing before the city's planning and zoning commis- sion is set for Dec. 6, although that is for the overall layout of the 142-acre parcel. A separate set of hearings will be held for the actual manufacturing facili- ty and office building.. ,