Abound Solar is nearly doubling its office space at Centerra in Loveland, adding 50 new jobs by the end of the year. KUNC’s Erin O’Toole talks with Jeff Nuttall, publisher of the Northern Colorado Business Report, about this and other developments in the local innovation economy.
Solar experts say the high altitude San Luis Valley is one of the best spots for development in the world.
Credit Kirk Siegler
A large-scale solar project in southern Colorado is getting a financial boost from the U.S. Department of Energy.
The DOE has offered Cogentrix a loan guarantee of $90.6 million for the construction of the Alamosa Solar Generating Project. That is a 30 megawatt high concentration solar photovoltaic generation project – one of the first such utility-scale solar projects in the U.S. and among the largest in the world.
Thornton-based Ascent Solar Technologies has cut its workforce from 167 employees as of last September to 85. That’s according to recent quarterly filings made with the Securities and Exchange Commission.
Many of the layoffs were in the production division. That’s because the company is changing course, hoping that its lightweight solar panels will be more interesting to niche markets. CEO Ron Eller says that translates into innovating new products, like one prototype that incorporates panels into tent flaps for the military.