During a time when most industries are scaling back as quickly as possible, one industry is shining. The demand for solar panels continues to rise and so does the requirements for infrastructure required to produce them. In the latest example of the boom in solar energy, Twin Creeks Technologies will start making solar panels in a new, state of the art factory. The 250,000 square foot manufacturing plant will be built on a site in Senatobia, a town in northern Mississippi.
$54 million of local and state funds were appropriated in various assistance packages. Twin Creeks is venture capital backed renewable technologies company based in San Jose California. The company plans to invest more than $175 million in the project .
The ramp up to full production at the facility is expected to take up to 5 years.