By The Business Review (Albany)

General Electric Co. will build a new solar-panel plant in Colorado--but GE will also add 100 related jobs in the Capital Region.

New York vied for the $600 million manufacturing plant but lost, largely because it did not have a facility big enough for GE (NYSE: GE) to accelerate its production, company officials said.

GE will add 100 doctorate, engineer and technologist positions between its global R&D base, in Niskayuna, and its global renewable energy headquarters at its Schenectady campus.

The solar plant--planned to be the largest in the nation--will be built outside of Denver, Colorado, creating 355 jobs there.

GE officials described the plant as the first phase of its solar business, and said New York remains "well-positioned" for future plants.


Colorado lands GE solar plant

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