1366 Technologies announced plans to build a state-of-the-art, commercial solar wafer manufacturing facility in Genesee County New York, strategically located between Buffalo and Rochester, that will eventually scale to 3 GW, house 400 Direct Wafer furnaces, and produce more than 600 million high-performance silicon wafers per year – enough to power 360,000 American homes. 1366 Technologies will become the anchor tenant at the high-tech Science and Technology Advanced Manufacturing Park (STAMP) where the company will eventually create more than 1,000 new, full-time jobs in New York’s Finger Lakes Region.
“Our goal has always been two-fold: deliver solar at the cost of coal and manufacture – at scale – in the United States,” continued van Mierlo. “Today’s announcement signifies that we’re on our way to achieving both.”
To encourage 1366 Technologies to invest and establish operations in New York, Governor Cuomo’s administration offered a competitive and attractive incentive package through various state and local resources including Empire State Development, New York’s chief economic development agency; New York State Energy Research and Development Authority (NYSERDA); New York State Homes and Community Renewal (HCR); New York Power Authority (NYPA); and Genesee County Industrial Development Agency. In September 2011, 1366 was also issued a $150 million loan guarantee from the U.S. Department of Energy (DOE) to build a commercial-scale manufacturing facility.
Construction of the 130,000 square-foot facility is slated to begin no later than Q2 of 2016 and is expected to be completed in 2017.
“Today’s announcement is an example of how we are combining this region’s natural strengths with our vision to develop New York’s entrepreneurial future and make the Empire State a true leader in developing the clean energy technologies of tomorrow. I am proud to continue building on Upstate’s economic resurgence and I am pleased to have 1366 helping us lead the way forward,” said Governor Cuomo.
“STAMP, the site of this expansion, is strategically located between Buffalo and Rochester, which enables 1366 Technologies to draw on the highly-skilled and talented workforce available in our region,” said Mark S. Peterson, president and CEO of Greater Rochester Enterprise. “1366 Technologies’ decision to expand its operations here not only marks the largest business attraction success story in our organization’s history, but it also brings two great cities even closer together, strengthening our efforts to make Upstate New York a hot-bed for high-tech development.”
“The strategy Governor Cuomo has developed to create a statewide high tech and advanced manufacturing corridor from Albany to Buffalo will change the economic fortunes for Upstate New York for generations to come,” said Steve Hyde, president and CEO, Genesee County Economic Development Center (GCEDC). “We are very excited to welcome 1366 Technologies to Genesee County and stand ready to assist the company in any way we can as the first phase of the development of the STAMP site begins.”
“I want to congratulate 1366 Technologies and thank them for bringing this exciting project to upstate New York,” said Buffalo Niagara Enterprise President & CEO Thomas Kucharski. “1366 Technologies is bringing a revolutionary process to an industry that is transforming our regional economy. The very assets and partnerships that attracted 1366 to the STAMP site remain in place, and are well positioned to ensure the success of this company and industry well into the future.”