The College of Nanoscale Science and Engineering has acquired the former Veeco Instruments Inc. solar prototype business in Halfmoon. The Albany nanocollege acquired the business at no cost and invested $4 miilion into the technology research complex. CNSE will retain all 17 engineering, technology and support positions, many of whom had worked at the Halfmoon solar research site before Veeco bought it from DayStar Technologies Inc. two years ago. The nanocollege, which is based at the University at Albany, purchased the Halfmoon business as the organization pushes ahead with plans to attract a second high-tech industry to the region. Over the past decade, CNSE has created more than 2,600 nanotechnology jobs in Albany, partnering with more than 250 businesses. That effort has attracted $12 billion in public and private investments. Now, the executives running the complex are using the same public-private model to attract solar research and manufacturing to New York. The new facility now known as the Solar Energy Development Center is part of CNSEâ¿¿s new $500 million Photovoltaic Manufacturing Consortium (PVMC) that was announced earlier this year after the U.S. Department of Energy awarded $57 million to help the college and private industry develop procedures to drive down the cost of solar panel and product manufacturing. â¿¿You need a consortium to be able to build a successful business model to make this a viable industry,â¿ said Pradeep Haldar, vice president of clean energy programs at the nanocollege. Alain Kaloyeros, CNSEâ¿¿s chief executive and senior vice president, said Veeco was planning to shut down the Halfmoon operation and pursue a different business model. Veeco turned over the assets to the college and has invested $4 million. The 18,000-square-foot facility is worth at least $30 million when you factor in the equipment, technology and the trained researchers, Kaloyeros said.