National

Nov 16, 2009 10:28 AM by Associated Press

Phoenix announced as new home of Chinese solar biz

A Chinese-owned manufacturer of solar panels plans to build a 100,000 square-foot headquarters and manufacturing plant in the Phoenix area.

Arizona Gov. Jan Brewer plans to announce Monday that Suntech Power Holdings will open a facility that would produce solar panels sometime in 2010 and eventually employ 250 or more people.

Suntech Power Holdings could be the first company eligible under the new Renewable Energy Tax Incentive program which provides refundable tax credits and property tax reductions for manufacturers.

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