New Solar Plant to be built in New Mexico

338 million euros of investment planned over time

The ground-breaking ceremony has already taken place. At the beginning of March, the Chairman of the Board of Management, Professor Udo Ungeheuer (right in photo), representing SCHOTT, and Governor Bill Richardson (left) gave the starting signal for construction of a new manufacturing facility for solar technologies in New Mexico. As of 2009, SCHOTT plans to produce receivers for solar thermal power plants and photovoltaic modules in Albuquerque with 350 employees and 18,500 square meters of production space. To this end, the company is investing roughly 100 million U.S. dollars (68 million euros) to start with. By opening the new plant, SCHOTT and the State of New Mexico are preparing to meet the high demand for solar technologies that is expected. Plans call for the site to expand and employ a staff of 1,500 over the medium term, with total investments reaching around 500 million U.S. dollars (338 million euros).