Governor Cuomo Announces New SolarCity GigaFactory Complex

New Post Public Reply Private Reply Replies (1) Message Board
fitzkarz MicroCapStocksRock #731
Governor Cuomo Announces New SolarCity GigaFactory Complex at RiverBend
Printer-friendly version

Will create nearly 5,000 jobs upstate, with over 3,000 in Buffalo

Governor breaks ground on largest solar manufacturing facility in Western Hemisphere


Albany, NY (September 23, 2014)

Governor Andrew M. Cuomo today announced a new, one million-square-foot site for the future SolarCity GigaFactory facility, which will manufacture solar panels at the RiverBend site in South Buffalo. The Governor was in Buffalo today to officially break ground on the project, which will create more than 3,000 jobs in Western New York alone and a total of nearly 5,000 jobs in the state. The SolarCity facility will be the largest of its kind in the Western Hemisphere, with more than 1 gigawatt of annual solar capacity when it reaches full production.



“We said four years ago that we have to change the mentality of Buffalo, and every day since we have been working hard to continue this new energy and momentum in Western New York. Less than a year after announcing our original plan, one of the leading solar companies in the world is coming on board and making this the largest advancement for Buffalo's economy in a generation," Governor Cuomo said. “This is bigger than anything we could have imagined. It is the perfect metaphor for Buffalo, where the fundamental strength was the available hydropower. That hydropower now, that renewable energy now, will fuel the renewable energy industry for the future. I am incredibly proud that the state is playing a role in this project, because Buffalo’s future is New York’s future, and today that future is brighter than ever.”



The SolarCity GigaFactory will be located at the Buffalo High-Tech Manufacturing Innovation Hub at RiverBend, a new START-UP NY site owned by the State University of New York's College of Nanoscale Science and Engineering. Since RiverBend was first unveiled in November 2013 by Governor Cuomo, SolarCity purchased Silevo, one of the designated anchor RiverBend tenants, and assumed an agreement with the State to increase more than fivefold the manufacturing capability of the clean energy facility. Silevo is a company that develops and manufactures high-efficiency silicon solar cells and modules.



SolarCity, the nation's largest solar power provider, will spend $5 billion over the next decade in connection with the creation and operation of the facility in New York, and New York State will invest a total of $750 million through the Buffalo Billion and other state resources to establish infrastructure, construct the 1.2 million square foot facility and purchase required equipment. The state investment will replicate the model created in Albany at the College of Nanoscale Science and Engineering, in which rather than giving money directly to private companies, the State invests in core infrastructure and equipment and uses that equipment as the incentive to attract companies to establish themselves in these new high-tech facilities. The factory will be online and in high volume manufacturing as early as the first quarter of 2016.



SolarCity’s decision to invest and grow in Western New York comes on the heels of the highest-ever number of jobs in the state, with a count of 7.6 million. In August alone, Buffalo added 4,100 positions out of a statewide total of 137,100. SolarCity will create over 1,450 direct manufacturing jobs at the new facility, and employ more than 2,000 additional workers in the state to provide solar services in the next five years. The facility will create more than 1,400 manufacturing support and service provider jobs in addition to the jobs that SolarCity creates directly.



SolarCity CEO Lyndon Rive said, "Governor Cuomo shares our view that the United States can return to its place atop the world in advanced technology manufacturing. Thanks to the Governor’s leadership, we will be able to quintuple the output capacity and economic impact of Silevo’s original commitment. I couldn’t be more excited to partner with the state to make Western New York a global capital for clean energy development."



Dr. Alain Kaloyeros, Chief Executive Officer and Officer in Charge of SUNY Polytechnic Institute, said, "This is a crowning achievement for Governor Cuomo’s Buffalo Billion initiative and his strategic vision to bolster New York’s burgeoning high-tech economy. Under the Governor’s leadership, the nanotechnology boom that began at CNSE in Albany has now spread clear across the state, creating tens of thousands of jobs and billions of dollars in investments. Partnering with a global powerhouse like SolarCity on such a tremendous scale solidifies New York’s reputation as a world leader in next generation technology development and establishes Buffalo as the epicenter for solar panel manufacturing. As we have seen at our other technology hubs across the state, this will spur significant additional growth and investment. We congratulate Governor Cuomo, SolarCity and the people of Western New York, who are truly the region’s greatest resource. We look forward to building the future together.”



Howard Zemsky, Western New York Regional Economic Development Council Co-Chair and Larkin Development Group Managing Partner, said, "We have the workforce and the universities that make Buffalo a great place for advanced manufacturing. RiverBend is a definitive sign of Western New York's transformation and resurgence."



Western New York Regional Economic Development Council Co-chair and President of the University at Buffalo Satish K. Tripathi said, "RiverBend brings our region the jobs of the future that will provide a new generation with another great reason to move or stay in the area."



The project development is led by LP Ciminelli as Construction Management along with: EYP, Project Architect; CHA, Civil Engineer; and M+W Group, Mechanical Engineer.



State Senator Timothy M. Kennedy said, “When Governor Cuomo came to Buffalo last November to announce the Riverbend site, we were ecstatic at the prospect of the 900 jobs promised. But now, with the announcement of 3,000 good-paying jobs coming to Buffalo, more jobs than anyone thought possible, Buffalo’s future is brighter and stronger than ever before. This project teams up one of the most dynamic companies in America, SolarCity, with what is quickly becoming one of the most business-friendly states in the country, New York State. This project would not have happened without Governor Cuomo's continued support for Western New York in conjunction with his Buffalo Billion initiative. This is a new and exciting day for Buffalo, and I am very proud to support this project.”



Erie County Executive Mark Poloncarz said, “The excitement accompanying SolarCity’s investment in Erie County, with a $5 billion investment and 3,000 local jobs, builds on the drumbeat of positive news that’s being heard all across our region. Unemployment is down, population is up, and the word is getting out that Erie County is a great place to live, work, and raise a family. After years of difficult circumstances and growing pains, Buffalo is back and ready to do business in the new world economy. Thanks to Governor Cuomo and private partners like SolarCity who are a part of this resurgence, our brightest days are ahead.”



City of Buffalo Mayor Byron Brown said, "This is what it's all about - putting shovels in the ground and people to work right now. This game changing project at the Buffalo High-Tech Manufacturing Hub at Riverbend will create over 1,000 new jobs, strengthening Buffalo’s economy and continuing the economic transformation taking place in our city. I’m grateful for the partnership with Governor Andrew Cuomo. By working together, we share a vision and commitment to Buffalo, providing the right resources to support critical redevelopment at this remediated site and others that will deliver new opportunities for Buffalo. Today has been a long time coming but now that it has arrived, we have SolarCity coming to Buffalo. What another great moment in Buffalo’s history.”

###
I'm in it to win it!

NASDAQ DIP and RIP
Here is the best word that describes what i do here.
Intuitive;
means having the ability to understand or know something without any direct evidence or reasoning process.

I was born with it, I'm truly blessed!


Alway's searching for winners'
937206596_images.jpg
Scroll down for more posts ▼

Top 10 Most Recent News Articles

French Florist Blossoms in Los Gatos This October

Updated Category News Views 3

A New Floral Journey Blooms in Los Gatos October's shaping up to be a vibrant month for Los Gatos, as a slice of French elegance arrives courtesy of Anhelina Baftalovska. She's not just bringing flowers; she's introducing a unique blend of life passions and entrepreneurial spirit to the community. Let's dig into this delightful story of blooms and business. A Ukrainian's...

Continue Reading
Duolingo Faces Class Action: Investors Brace for Impact

Updated Category News Views 5

Going Beyond Language Learning Hype Listen, it's not every day you wake up to a lawsuit calling out one of those seemingly indestructible tech darlings. Well, Duolingo (NASDAQ: DUOL) is caught in the crosshairs now. They face allegations of pulling the wool over investors' eyes about their monetization and growth tactics. If you snapped up some stock between May 2, 2025,...

Continue Reading
Cole Haan Opens 600th Store, Makes Boston Comeback

Updated Category News Views 0

A Milestone and a Homecoming Who would've thought? Cole Haan, the American staple that seems to draw from an old-world charm and modern flair, is making waves again. They've just hit their 600th store mark—a number not to scoff at, especially when retail's felt the squeeze lately. But it’s not just about another number. It’s about a return, a resounding "we still...

Continue Reading
College Athletics Needs a New Business Revolution

Updated Category News Views 3

Wake Up Call for College Athletics Here's a heads-up—college sports aren't just about cheering fans and game-day jerseys anymore. It's high time universities start thinking of athletics as businesses, blending the thrill of game day with the realities of financial statements. Michael Schreiber rang this bell loud and clear on the 'Disruption Interruption' podcast,...

Continue Reading
Corra Group Enhances Hiring with Digital I-9 Services

Updated Category News Views 4

The Changing Landscape of Employment Verification Employment verification is no longer a mere formality with a paper form. Now, it’s a digital jungle, where missing a deadline isn't just a slap on the wrist, but a compliance nightmare. In steps Corra Group, bringing electronic I-9 tools to the frontlines, geared to help employers juggle the mess of forms, deadlines, and...

Continue Reading
Cascades Eyes New Quebec Govt for Growth Partnerships

Updated Category News Views 3

Quebec's New Ministers: A Fresh Start or the Same Old? So the suits in Quebec have shuffled about and Cascades Inc. (TSX: CAS)—a heavyweight in sustainable papermaking—is polishing their best handshake. They're rolling out the welcome mat for the new ministers in the Government of Quebec. As someone who've seen their fair share of this song and dance, the real...

Continue Reading
Selling Your Home? Key Fixes John Spear Recommends

Updated Category News Views 3

Cracking the Code of Real Estate in Cape Girardeau If you're about to stick that 'For Sale' sign in the lawn, listen up. Cape Girardeau's own real estate legend, John Spear—lovingly dubbed "Mr. Cape Girardeau" for good reason—is spilling the beans on what to spruce up before selling your humble abode. And spoiler alert: it's not about blowing a year's salary on a...

Continue Reading
LFG Charts New Path with Expanded Franchise Lineup

Updated Category News Views 3

A Unique Approach to Franchise Expansion LFG, or Limitless Franchise Growth if you prefer function over flair, is taking its expansion game to a different level. Based out of Scottsdale, these savvy folks have just beefed up their portfolio to nine diverse brand partners. You’d think they’re all about boosting numbers, right? But nah, they're so picky you'd think...

Continue Reading
Giese Foundation Boosts Cancer Support Services Reach

Updated Category News Views 3

When cancer pays an unwelcome visit to a family, it doesn’t come alone. It drags along fear, uncertainty, and bruising challenges. And as support needs balloon, thankfully there's a beacon like the Brian & Patricia Giese Foundation stepping up to sustain vital programs. Understanding the Real Impact Now, listen up. Cancer may target one body, but its claws reach...

Continue Reading
Field Ops Turn to Automation Amid Tight Labor Markets

Updated Category News Views 7

Starting Simple: Automation That Actually Works Automation and mobile tools ain't about flipping your whole operation overnight. TrackVia's latest research, fresh from the oven, dishes out a down-to-earth guide on navigating automation in field operations. They nabbed insights from over 250 companies and unearthed a strategy that sticks: start small and grow smart. Aylin...

Continue Reading

Top 5 Most Recently Viewed Articles

Investigation Launched by Robbins Geller into Stride, Inc. (LRN)

Updated Category News Views 171

Investigation into Stride, Inc. by Robbins Geller Rudman & Dowd LLP The esteemed law firm of Robbins Geller Rudman & Dowd LLP is proactively investigating compliance issues surrounding Stride, Inc. (NYSE: LRN). This inquiry seeks to examine if Stride or some of its executives have engaged in misleading practices regarding federal securities laws. Through this...

Continue Reading
Municipality Finance Successfully Redeems Notes and Shifts Focus

Updated Category News Views 99

Municipality Finance Moves to Redeem Notes from Trading Municipality Finance Plc has taken significant steps in its financial operations, recently announcing the redemption of its EUR 10 million notes. This strategic move indicates the company's proactive approach to managing its financial resources effectively. Redemption Process and Trading Suspension On 1 November...

Continue Reading
Exploring the Benefits of Barefoot Hiking and Gear

Updated Category News Views 240

Embracing Barefoot Hiking: A New Trend As the cooler days of fall approach, hiking enthusiasts are getting excited for the shifting landscapes and invigorating outdoor experiences. One of the most talked-about trends in recent years is barefoot hiking, which advocates for a more primal connection with nature. What is Barefoot Hiking? Barefoot hiking can refer to either...

Continue Reading
BiomX to Share Promising Phase 1b/2a Data for BX004

Updated Category News Views 76

BiomX to Present Encouraging Phase 1b/2a Data for BX004 BiomX Inc. (NYSE American: PHGE), a pioneer in innovative phage therapies targeting harmful bacteria, is set to reveal positive results from its Phase 1b/2a trial of BX004. This study focuses on cystic fibrosis (CF) patients who struggle with chronic lung infections. This important update will be unveiled at the...

Continue Reading
Berkshire Hills Bancorp Plans Earnings for Q2 2025

Updated Category News Views 136

Upcoming Earnings Release for Berkshire Hills Bancorp Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has exciting news regarding its second quarter earnings release and corresponding conference call. The details have been set, and stakeholders can mark their calendars to stay updated on the company’s performance. Details for Earnings Call The earnings release is scheduled...

Continue Reading