More Resources
Free Newsletters
Free e-book with your subscription
Starting a Biz
Sales & Marketing
Growing a Biz
Tech/e-Business
Franchise News
Book Sampler
Home > Local Business News > Phoenix > Arizona in the running for up to 34 German solar projects

Arizona in the running for up to 34 German solar projects

Article Tools
T   |   T
TEXT SIZE:
printPrint
E-MailE-Mail

Add to My Bookmarks

Adds Article to your Entrepreneur Assist Bookmark page.
Provided by


Arizona could be in line for as many as three dozen solar energy projects and facilities from Germany. But California, New Mexico, Oregon and other states also are in the fray as competition heats up for solar and other alternative energy projects.

At an international trade event in Scottsdale on Tuesday, Greater Phoenix Economic Council CEO Barry Broome said 34 German solar companies are looking at potential U.S. sites for energy facilities, and Arizona is in the running for those projects.

Germany, Japan and, increasingly, China are major producers and innovators in the solar energy sector. All are looking at the U.S. for production, research and development, sales and other operations.

Content Continues Below


New Mexico beat out Arizona and other states for a solar energy plant to be built by Germany-based Schott AG. New Mexico offered a set of incentives to lure the plant to Albuquerque.

Arizona Public Service Co. announced in February that it was partnering with Spain's Abengoa Solar Inc. for a large solar production center in Gila Bend.

GPEC, the Arizona Department of Commerce and the U.S. Commerce Department want to encourage more foreign investment in the state. They hosted an event to promote foreign direct investment Tuesday at the Scottsdale facility of Canadian biomedical company InNexus Biotechnology.

Approximately 64,000 Arizona jobs are with foreign-owned businesses, and the economic groups want to attract more as the domestic economy sputters.

Germany and Japan traditionally have been Arizona's largest foreign investors.


© 2008 American City Business Journals, Inc. All rights reserved.

More News from
Phoenix Business Journal
Rockefeller Center builder opens Phoenix office
Wednesday, July 23, 2008

$1.1 billion fuel bill pushes US Airways to $567M loss
Tuesday, July 22, 2008

Minnesota Twins owner infuses $50 million in Meridian Bank
Monday, July 21, 2008



Select a News Source by City:
Albany Greensboro/Winston-Salem Phoenix
Albuquerque Honolulu Pittsburgh
Atlanta Houston Portland
Austin Jacksonville Raleigh/Durham
Baltimore Kansas City Sacramento
Birmingham Los Angeles San Antonio
Boston Louisville San Francisco
Buffalo Mass High Tech San Jose
Charlotte Memphis Seattle
Cincinnati Milwaukee South Florida
Columbus Minneapolis / St. Paul St. Louis
Dallas Nashville Tampa Bay
Dayton Orlando Washington, D.C.
Denver Philadelphia Wichita
East Bay

Latest Features
Getting money to fund a startup can be a major challenge, but we've got some ideas.