Sustainable Business Oregon
SolarWorld on Monday said it plans to invest $27 million in its Hillsboro factory with upgrades aimed at improving the performance of its solar panels.
The new investment will push SolarWorld's total investment in Oregon past $600 million, and marks the fifth anniversary since the German solar panel-maker turned a vacated semiconductor plant into North America's biggest solar panel manufacturing plant.
The work underway will continue through the first quarter of 2013. It involves installing three technology advancements developed by SolarWorld researchers in Germany and Oregon designed to increase the power output of SolarWorld's photovoltaic cells. The company didn't identify the specific upgrades, citing competitive pressure.