Lawmakers okay funds for solar panel plant

JACKSON — Mississippi lawmakers have passed a $50-million bond bill to attract a company that might build solar panels in the state.

The bill passed the House Thursday. It had cleared the Senate Feb. 24.

House Ways and Means Committee Chairman Percy Watson says state economic officials are keeping details about the project confidential, including the name of the company and the potential location for a plant.

Watson says the company would invest $132 million and the state would provide a $50 million loan. Watson says the company would create 500 jobs within five years with salary and benefits packages averaging at least $34,000.

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5 Responses to “Lawmakers okay funds for solar panel plant”

1. Lawmakers okay funds for solar panel plant - Mississippi Business Journal | Build Solar Power Systems Says:
   March 12th, 2010 at 9:13 am

   [...] Post By Google News Click Here For The Entire Article Build Solar Power System-DIY Solar Panel [...]

2. wil Says:
   March 21st, 2010 at 12:43 pm

   Why would we allow out of stater’s to bring there plant here when we have a company here trying to start up and do the same thing? This local start up company (Solar America) would create 1000+ jobs in 3 years. I don’t know about you, but i’d rather my state support my states local buisness woman.

3. Mississippi Economic Development News – Week of March 15, 2010 « Carol’s Weblog Says:
   March 22nd, 2010 at 9:13 am

   [...] Mississippi lawmakers have passed a $50-million bond bill to attract a company that might build solar panels in the state.   House Ways and Means Committee Chairman Percy Watson says the company would create 500 jobs within five years with salary and benefits packages averaging at least $34,000. http://msbusiness.com/blog/2010/03/lawmakers-okay-funds-for-solar-panel-plant/ [...]

4. Solar Panel Says:
   August 31st, 2010 at 9:59 am

   Many people think that installing a solar panel will cost much money, but in reality, materials are relatively inexpensive and can be found again easily.You ‘re Going to have to get equipment for the solar panel. They are very difficult to find. Some elements will have to be copper wire, solar cells, sheets metal, and some other things. These items can be easily found in your local hardware store or online.

5. Dr. Ben - Solar Inventor Says:
   January 12th, 2011 at 1:27 pm

   I think its great that Mississippi lawmakers have passed a $50-million bond bill to attract a company that might build solar panels in the state. Solar power plants are the way of the future!