DuPont to invest $120 million in solar projects
NEW YORK, NEW YORK - Chemical maker DuPont said that it would invest $120 million to boost production of a popular solar cell product.
The move is part of a broader push by the chemical industry to supply solar cell producers with technologies to make the renewable energy source more efficient.
DuPont hopes sales of all its solar products will exceed $1 billion by 2012, it said.
The project will help DuPont produce more Tedlar, a product used in the backing of solar cells. The company says Tedlar can stand up to moisture, ultraviolet rays and inclement weather.
The Wilmington, Delaware-based company will spend about $100 million to boost production capacity at existing plants in Louisville, Kentucky, and Fayetteville, North Carolina, starting in 2010.
About $20 million will be used to build a production plant at a site to be determined, a company spokesperson said.
When combined, the projects are expected to boost Tedlar production by 50 percent.
Earlier this year DuPont completed a similar expansion project that more than doubled Tedlar production.
Related News
British Columbia Halts Further Expansion of Self-Driving Vehicles
VANCOUVER - British Columbia has halted the expansion of fully autonomous vehicles on its roads. The province has announced it will not approve any new applications for testing or deployment of vehicles that operate without a human driver until it develops a new regulatory framework.
Safety Concerns and Public Questions
The decision follows concerns about the safety of self-driving vehicles and questions about who would be liable in the event of an accident. The BC government emphasizes the need for robust regulations to ensure that self-driving cars and trucks can safely share the road with traditional vehicles, pedestrians,…
