HelioSphera to build $500 million, 160MW solar PV module plant in Philadelphia Navy Yard complex
Greek solar manufacturer HelioSphera will build a new photovoltaics module factory in Philadelphia’s historic Navy Yard mixed-use complex. Construction on the 160-MW production plant is scheduled to begin next year, with the factory coming online in 2011 and ramped to full capacity by 2012. Total cost of the project–which will benefit from a variety of state grants, loans, and tax breaks–will be approximately $500 million.