Intelligence Brief
Prism gets a new manufacturing facility
6 April 2009
Prism Solar Technologies, Inc., which is working on its patented holographic planar concentrator technology, has announced closing on the acquisition of a new manufacturing site in upstate New York.
The site, located in Highland New York, includes 6.5 acres of land and a 93,000 sq. ft manufacturing building.
Prism intends to create over 200 jobs in the first few years and up to 400 over five years. The Highland facility will ultimately produce 60 megawatts of solar modules for domestic markets and 1000 megawatts of HPC film for sale to other solar module manufacturers.
According to the company, its new plant includes features that would normally be found in a purpose-built site, such as glass handling and glass cleaning equipment, a compete machine shop, specialty optical equipment, 30,000 sq. ft of clean-rooms, a wet lab, facility-wide security and building management systems.
Congressman Maurice Hinchey facilitated a $1,000,000 grant for Prism Solar through The Solar Energy Consortium (TSEC) earlier this year as part of its financing to begin manufacturing of its patented holographic planar concentrator technology in New York State. Additional funding for Prism was included in the Omnibus Budget bill passed by the Congress earlier this year.
Related link: Prism Solar
