GE jumps into the solar panel business with plans to build a big plant

s renewable energy business.

The company did not say where the factory would be built. Abate said it would eventually employ 400 people and be producing panels by 2013. The plant would have the capacity to build 400 megawatts worth of panels a year, enough to power about 80,000 homes.

By comparison, First Solar will have 2,300 MW of capacity by the end of this year.

Still, analysts say GE

View the Original article