Denver Economy Boosted By German Solar Plan
Every city in America is hoping to be among the first to beat the recession. Denver, Colorado might actually stand a good chance of achieving that goal. That is because the city has just been chosen as the new site for a solar plant which will bring at least 300 new jobs to the area with the potential for even more jobs in the future. Moreover, because this new job site is in the forward-thinking industry of solar inverter creation, Denver could get a lot of media attention which may bring an additional boost to the local economy.
The new plant is the first North American plant to be created by the German company called SMA Solar Technology AG. This company is the world's largest maker of solar inverters. Solar inverters take direct current electricity and convert it into an alternating current for use in powering everything from home appliances to energy grids. This could be a highly profitable area of green technology which might mean that Denver could do well for itself in the coming years.
The recession isn't over there, yet, of course. The new plant isn't set to open until the middle of next year. However, when it does, it will offer 300 new jobs. If solar inverter technology sees a greater demand then 400 additional temporary workers may be hired. There is a lot of potential for this technology to take off in the U.S. and it's a big deal to be the first North American city where such a huge plant is being built. Additional green technology jobs could come about in the area as the result of Denver's participation in this area of the industry.
Denver wasn't the only city that was looked at as the location for this plant. Denver had to complete with nearly two dozen other cities for this honor. Ultimately Denver won out because of its combination of a highly educated workforce, a pre-existing focus on renewable energy research, proximity to a major interstate and (of course) lower operating costs than required by other cities. The benefit of winning this bid could be huge for the local economy as well as for the development of green technology in the U.S.
Source: http://www.allheadlinenews.com/articles/7016807157
Publish Date: 2009-11-04 10:16:36
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