The company will develop its facility on a 25-acre site in the Clinton I-75 Industrial Park on Frank Diggs Drive, according to the Tennessee Department of Economic and Community Development. Initial plans call for a 200,000-square-foot building.
With its investment, Confluence Solar will qualify for statutory incentive programs such as FastTrack job training assistance, FastTrack infrastructure development, the Tennessee Jobs tax credit and the Super Jobs tax credit, among others.
"Two years ago, we set upon a strategy to make Tennessee a significant player in the solar industry," Gov. Phil Bredesen said. "Since then, weve seen more than $2 billion in capital investment, more than a thousand jobs created, and, with the development of the solar farm and existing solar companies located in West Tennessee, we have truly created a statewide solar footprint. The announcement by Confluence Solar is further proof that Tennessee is recognized as a leader in renewable energy and that a new economic engine is emerging in our state."
The facility will produce mono-crystal silicon ingots for photovoltaic solar power generation. The companys HiCz brand products are designed to increase the efficiency of solar cells by 15% or more, according to the company.