Green2V brings hundreds of jobs to New Mexico
A new solar energy company said Wednesday it will spend $500 million over the next five years to build a 1 million-square-foot plant in Rio Rancho that eventually will employ 1,500 and have an annual payroll of $64 million.
Green2V CEO Bill Sheppard, who ran Intel Corp.’s Rio Rancho plant in the 1990s, said the company expects to break ground on the 124-acre site in the next few weeks.
“Part of the reason for making the announcement today is that we are starting to go through the public process of going through planning and permits. We’ve got our first facility designed and have chosen the contractor already,” Sheppard said. “We expect to go to contract next week.”
Green2V will manufacture solar cells and modular glass frames and will design, install, operate and finance the systems, Sheppard said.
Read the full story in the New Mexico Business Weekly.
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