New York Draws Another Solar Manufacturer as it Shapes New Hub

  • Silicon wafer plant will initially make 250 megawatts a year
  • CEO Frank van Mierlo plans to set price below wafer-market
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New York is about to become a hub for U.S. solar manufacturing as the state lured a start-up called 1366 Technologies Inc. to build its first factory in Genesee County.

With a package of state grants and tax incentives worth about $97 million, 1366 plans to start construction on a polysilicon wafer factoryBloomberg Terminal that will eventually produce 3 gigawatts a year and employ 1,000 people, Chief Executive Officer Frank van Mierlo said in an interview Wednesday.