This is an excerpt from EERE Network News, a weekly electronic newsletter.

August 03, 2011

Solar Startup to Create 250 Jobs in North Carolina

A DOE-enabled innovation made Tuesday, July 19, a good day for North Carolina. Entrepreneurs from Durham-based solar startup Semprius teamed with Governor Bev Perdue to announce the company's plan to build a new high-tech manufacturing facility in Henderson. The factory is expected to create more than 250 full-time jobs over the next five years, which is a particular boon for Henderson, where the county unemployment rate reached 13.3% in May. This follows on the heels of news that Siemens recently participated with others in a $20 million investment in Semprius. Siemens took a 16% stake in the company—a vote of confidence from a global engineering giant with years of success in the solar industry.

None of this comes as a surprise to those of us who have followed Semprius' progress as a pioneer in the design and fabrication of high concentration photovoltaic (HCPV) solar modules. The company’s story provides a case-study example for how federally funded research and development sparks job-creation for Americans in a global growth industry. See the Energy Blog post.