Governor Patrick Quinn Signs Law to Ramp Up Solar Energy in Illinois; $4 Million
Grant Award Announcement for Up to 62 MW Solar Development; Ribbon
Cutting Ceremony for Wanxiang America Solar Panel Manufacturing Plant in
Rockford, Illinois
Illinois Governor Patrick Quinn arrived at Wanxiang America Corporation's newly built solar panel manufacturing plant in Rockford, Illinois today to announce an over $4 million
stimulus grant award for an up to 62 Megawatt (MW) Rockford Solar
Project, the largest photovoltaic (PV) solar development in the Midwest
and one of the largest in the United States, and to attend the ribbon-cutting ceremony of Wanxiang America Corporation's solar panel manufacturing plant.
"The state's investment will help ensure Illinois
remains a leader in renewable energy development, while continuing to
build on the state's energy independence goals," said Governor Quinn.
"With partnerships with companies like Wanxiang and New Generation
Power, we're creating hundreds of sustainable, green-collar jobs and
providing an economic boost to the entire state."
Earlier in the day, Governor Quinn was in Chicago to sign House Bill 6202 into law, which establishes interim solar targets to help Illinois
successfully scale up to reach the state's solar renewable portfolio
standard of 6% by 2015. The new law marks a landmark achievement for
solar energy in Illinois and will create over 5,000 solar panel installation, manufacturing, and maintenance jobs and significantly reduce Illinois' carbon footprint.
The up
to 62 MW Rockford Solar Project will generate enough electricity to
power over 10,000 homes and reduce carbon dioxide emissions at a rate of
113,000 tons annually, equivalent to the emissions from nearly 20,000
cars. The Project will significantly help electricity suppliers achieve
the required 0.5% solar target by 2012.
"We thank Wanxiang for their investment in its North American solar panel manufacturing facility," said City of Rockford Mayor Larry Morrissey.
"We are equally enthusiastic about New Generation Power's potential
Solar Farm at Chicago Rockford International Airport. Investments in
green technology such as these will help reinvent Rockford's economy."
The Project is the effort of Rockford Solar Partners, LLC, a joint venture between Wanxiang America, the U.S. subsidiary of one of the largest non-state owned companies in China with $8 billion in revenues worldwide, and Chicago-based
renewable energy developer, New Generation Power to develop and operate
an up to 62 MW photovoltaic solar generation facility in Rockford, Illinois.
"Thank
you to Wanxiang and New Generation Power for its investment in our
region. This is the perfect example of how the city and county came
together to create jobs and promote the renewable energy industry.
Currently we have locally made Wanxiang solar panels, purchased by Winnebago County, producing energy at Freedom Field," said Winnebago County Board Chairman Scott Christiansen.
The
Rockford Solar Project not only creates jobs in construction,
installation and servicing but also countless additional jobs are
generated in the sale and marketing of green power. The Project will
also source PV solar panels locally from the Wanxiang solar panel plant.
"We are helping to establish Illinois as one of the largest producers of solar energy in the country and generating much-needed jobs for the Rockford area," said Dr. Chirinjeev Kathuria, President of New Generation Power.
Production
has already begun on Wanxiang's solar panels in the newly constructed
flagship manufacturing facility located in the Rockford Global Trade
Park adjacent to the Rockford International Airport. Rockford officials have indicated the facility is designed for expansion on the 10-acre Wanxiang campus.
"Solar
energy is becoming more and more popular in America, and in the world as
well. We believe the market is poised for rapid growth," said Pin Ni,
President of Wanxiang America. "We
appreciate the State and City governments to support the solar business.
Our goal is to expand the plant threefold to meet the demand of Illinois's new solar energy mandate."
In March 2010, the Illinois Department of Commerce and Economic Opportunity (DCEO) awarded a grant of $4,025,000
to Rockford Solar Partners, equivalent to 1.26 percent of the Project's
total cost. 68 percent will be financed by nongovernmental sources. The
federal funding was awarded pursuant to the American Recovery and
Reinvestment Act (ARRA) Community Renewable Energy Program to create and
retain jobs.
House Bill 6202, the Solar Ramp-Up Bill, passed the Illinois General Assembly on May 27, 2010 and established interim solar targets to help Illinois successfully scale up the solar portion of Illinois' Renewable Portfolio Standard: 0.5% in 2012, 1.5% in 2013, 3% in 2014 to reach 6% in 2015.