November 17, 2024 11:24 am
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Maricopa County terminates contract with First Solar

2011- First Solar CEO Rob Gillette and Mesa, Ariz., Vice Mayor Scott Somers unveil a ceremonial marker commemorating construction progress for the company's new factory.
2011- First Solar CEO Rob Gillette and Mesa, Ariz., Vice Mayor Scott Somers unveil a ceremonial marker commemorating construction progress for the company’s new factory.

By Michelle Ye Hee Lee | The Republic

The Maricopa County Board of Supervisors this morning canceled its economic development contract with First Solar Inc. — two and half years after agreeing to provide a $20 million subsidy for the company to create thousands of jobs in the Valley.

The county and state in April 2011 agreed to provide economic-development incentives for the Tempe-based company, but the company recently has faced financial and regulatory issues.

A termination agreement says First Solar and the county decided to end the contract after the company decided to stop its activities at a Mesa facility, “due to various business and economic factors.”

Continued: 

Also: ASU wins $5M grant for solar energy research

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