SunPower Gets Millions to Create 450 Green Jobs in Texas

SunPower Corp announced it is getting $2.5 million from the Texas Enterprise Fund, and $0.9 million from the City of Austin. It will create 450 jobs in Texas, including 115 in 2011.

"We appreciate Gov. Perry, Mayor Leffingwell and state and city officials for providing SunPower the economic incentives that will support our expansion to Austin and create hundreds of local jobs," said SunPower CEO Tom Werner. "Austin offers highly capable human resources and Texas is blessed with an excellent solar supply. If policies creating a stable market across Texas are enacted, this could be the start of considerable increases in investment and job creation across the state by SunPower and the rapidly growing global solar market."

State-level and Austin area officials successfully competed with other jurisdictions that SunPower considered for its North America expansion. In addition to the solar market potential in Texas and development incentives offered by the state and city, SunPower cited Austin's talented workforce, semiconductor industry expertise and strong academic institutions as factors that influenced the selection.