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New York State Wants to Invest $225 Million in This Emerging Industry

December 12, 2013
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New York State Wants to Invest $225 Million in This Emerging Industry
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Buffalo is about to be a center of innovation.

Silevo, a high-tech solar panel start up, recently announced plans to build a 200-megawatt solar cell factory in Buffalo. New York state plans to invest $225 million in the facilities, which would house Silevo and LED firm Soraa, and employ 475 people at the site by 2015. The solar industry is still young and competitive, but New York is apparently ready to take the plunge.

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