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Ohio Green Strategies Blog published by Bricker & Eckler LLP - 0 views

www.ohiogreenstrategies.com/details.aspx

ohio Calisolar GMPlant

shared by Yadkin River on 30 Dec 11 - No Cached
  • Jun 02, 2011 Calisolar incentive agreement awaits PUCO approval   Calisolar Inc. filed an agreement with the Public Utilities Commission of Ohio this week that if approved could save the company more than $100 million in electricity costs at its proposed manufacturing facility in Ontario, Ohio, according to an article in the Mansfield News Journal. Calisolar, Ohio Edison Co. and PUCO staff have signed off on the incentive agreement and urged the five-member Commission to quickly approve it. Calisolar, a producer of low-cost silicon for solar cells, plans to take over a vacant General Motors plant. The incentive agreement is contingent upon several things, including Calisolar hiring a certain number of employees. In exchange for locating in Ohio Edison's service area, the agreement states Calisolar will be eligible for up to $100 million in electric rate discounts if the facility's full-time employment is 1,100 or less, and up to $125 million in discounts if employment exceeds 1,100, according to the article.
Yadkin River

Monroe360.com - Miss lawmakers approve 3 job creation proposals - 0 views

monroe360.com/...rove-3-job-creation-proposals-

Correnti governor miss Calisolar IncomingGovPhiBryant

shared by Yadkin River on 04 Jan 12 - No Cached
  • Miss. lawmakers approve 3 job-creation proposals
  • Gov. Phil Bryant,
  • "The reason we're coming here, and I'm going to be frank, is the Mississippi farm boys and the farm girls," Correnti said. "I wouldn't trade a Mississippi farm boy or farm girl for any Russian, Chinese, Japanese, Mexican, South American."
  • ...6 more annotations...
  • to make silicon metal for use in automotive parts, consumer electronics and energy products, including solar panels. Developers said the Calisolar project — sought by Ohio, among others — should create 951 jobs with an average annual salary of $45,000, plus benefits.
  • Calisolar, based in Sunnyvale, Calif.
  • lawmakers approved just over $175 million in bonds
  • $75.25 million for the Calisolar project
  • MDA executives said the bond request for the Calisolar project includes a $59.5 million loan for equipment and a building that would be owned by Lowndes County and leased by the company. The package also has an $11.25 million grant for infrastructure such as roads and utility lines and $4.5 million to help train employees at the plant.
  • MDA said the rebates will cost the state $15 million over 10 years.
Yadkin River

Calisolar | Ceramic Tech Today - 0 views

ceramics.org/...calisolar

shared by Yadkin River on 05 Dec 11 - No Cached
    • Yadkin River
      Yadkin River on 05 Dec 11
       
      Yeah -- That has me scratching my Head Too.... Go Figure!
  • “The reason we’re coming here, and I’m going to be frank, is the Mississippi farm boys and the farm girls. I wouldn’t trade a Mississippi farm boy or farm girl for any Russian, Chinese, Japanese, Mexican, South American.”
  • At the time, Calisolar said it couldn’t meet construction deadlines linked to some state-based financial incentives.
  • ...3 more annotations...
  • a company spokesperson told me that the no other location was being contemplated
  • Those are nice incentives, but what doesn’t add up is that by shifting to Mississippi, Calisolar gave up a $275 million DOE loan guarantee and a deal through Ohio Public Utility Commission that would have saved the company $100 million in utility bills over ten years.
    • Yadkin River
      Yadkin River on 05 Dec 11
       
      No ... Did Correnti say that ?  Really ??
Yadkin River

Press Releases * Calisolar - 0 views

www.calisolar.com/...expand_production.php

Calisolar Correnti LowndesCO Mississippi

shared by Yadkin River on 31 Dec 11 - No Cached
  • Its investors include Advanced Technology Ventures, Globespan Capital Partners, Good Energies, Hudson Clean Energy Partners, and Ventures West.
  • We are grateful to Governor Barbour, the Mississippi State Legislature, the Mississippi Development Authority, and Lowndes County
  • Calisolar was awarded a clean energy manufacturing tax credit as part of the American Recovery and Reinvestment Act
  • ...6 more annotations...
  • SMS Siemag
  • supplying the majority of the equipment to be installed at the Mississippi facility
  • San Antonio, Texas-based Zachry Holdings, Inc
  • engineering and building the facility
  • upport from the Tennessee Valley Authority
  • Lowndes County Development Authority
Yadkin River

WMFD.com - Calisolar Inc. Says No To Ontario - 0 views

www.wmfd.com/...singlesearchsingle.asp

shared by Yadkin River on 05 Dec 11 - No Cached
  • Calisolar officials informed Mayor Larry Collins during a conference call Friday at 4 p.m. that the company would not be able to meet the construction deadline of September in order to qualify for a federal loan.
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PUCO, Ohio Edison inch closer to deal with Calisolar - 0 views

ijovial.com/12inchandunder

GMPlant Calisolar ohio Correnti OntarioOH

shared by Yadkin River on 30 Dec 11 - No Cached
  • The agreement could save the California-based company more than $100 million in electricity costs. The arrangement is for 10 years, starting with production at the new facility, or for 12 years starting with construction. The incentive is tied to a variety of conditions, including employment benchmarks.
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Senator: Correnti made solar deal more attractive - The Dispatch - 0 views

www.cdispatch.com/...article.asp

CleanTech power

shared by Yadkin River on 23 Dec 11 - No Cached
  • Earlier in the month, Gov. Haley Barbour pushed forward with a $75.25 million incentive package to bring Calisolar, a solar silicon company, to the old section of the Industrial Park
  • The project, expected to begin this fall or early next year, promises to bring 951 jobs to the a
  • the work Lowndes County officials have put into the Industrial Park made it an attractive choice, namely the ready ability to provide the 170 MW of power the company will require each day.
  • ...2 more annotations...
  • that if the company fails, at least Lowndes County will own the building and equipment.
  • As part of the incentive agreement, Calisolar will receive a $59.5 million loan to construct the building and purchase equipment, with the county retaining ownership and leasing to them. The state is also providing $15.75 million for infrastructure and workforce training.
Yadkin River

State lawmakers approve Calisolar incentives package - The Dispatch - 0 views

www.cdispatch.com/...article.asp

CleanTech columbus Correnti Mississippi

shared by Yadkin River on 23 Dec 11 - No Cached
  • John T. Correnti, former CEO of SeverCorr (now Severstal) of Columbus, has served as chairman of the company''s board of directors since 2010 and reportedly has maintained close ties with Mississippi. The company has been in negotiations with Ohio officials since April, but the deal fell through in July when company representatives told the Mansfield News Journal in Mansfield, Ohio, that they were unable to meet a September construction deadline to qualify for a $275 million federal loan guarantee. Higgins said Lowndes County''s ability to meet Calisolar''s high power needs (nearly 170 MW of power, or roughly 40 MW more than the entire city of Columbus), along with Mississippi''s status as a right-to-work (non-union) state and the willingness of legislators to pass an attractive incentive package, may have tipped the balance in the Magnolia State''s favor.
  • "The reason we''re coming here, and I''m going to be frank, is the Mississippi farm boys and the farm girls," Correnti said, according to The AP. "I wouldn''t trade a Mississippi farm boy or farm girl for any Russian, Chinese, Japanese, Mexican, South American.
  • AP reports that details of Mississippi''s incentive package include a $59.5 million loan for the building and equipment, with Lowndes County retaining ownership of the building and leasing it to them. The state is also providing $15.75 million for infrastructure and workforce training.
  • ...1 more annotation...
  • According to the U.S. Bureau of Labor Statistics, the state''s unemployment rate was 11.1 percent for July, and Lowndes County''s unemployment rate was 12.4 percent. The national unemployment rate is 9.1 percent, or approximately 14 million people.
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Solar company to create 951 jobs in Golden Triangle - The Dispatch - 0 views

www.cdispatch.com/...article.asp

shared by Yadkin River on 23 Dec 11 - No Cached
  • which plans to locate in the Lowndes County industrial park. State Sen. Terry Brown, R-Columbus, told The Associated Press that the new jobs could pay between $40,000 and $50,000 per year.
  • An additional $100 million package is being considered for HCL CleanTech, a bio-technology company, which plans to build its headquarters in Olive Branch and construct a research and development center in Grenada. Three additional plants would be located in Booneville, Hattiesburg and Natchez. That project would create 800 jobs with an average salary of $67,000 plus benefits.
    • Yadkin River
      Yadkin River on 23 Dec 11
       
      Always wondered about the Clean Tech and NC reference
  • The Link has been in talks with Calisolar since Aug. 27, 2010
  • ...3 more annotations...
  • east of Industrial Park Road, directly behind Mitchell Beer Distributing, on 250-260 acres, said Joe Higgins, CEO of the Columbus-Lowndes Development Link
  • The facility will use around 170 MW of power, about 40 MW more than the entire city of Columbus. In comparison, Severstal uses about three times the entire city.
  • Higgins said the plant will take about a year and a half to build and will have "a tremendous impact
  • Yadkin River on 23 Dec 11
     
    clean tech
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