Eco-Friendly Science Park Located in North America Announces Qualifications for Solar Energy Companies to Locate in Park
Silicon Border Development Company Leading Effort; Company Exhibiting at Solar Power International
ANAHEIM (October 27, 2009) – Silicon Border, a science and technology park located in Mexicali, Baja California, Mexico, will be discussing the significant advantages and incentive programs for solar and alternative energy companies interested in locating to the park during the Solar Power International Show. The company’s booth is located in the main show room at booth # 2651.
Silicon Border recently announced the completion of the park’s infrastructure targeted for green companies. The first phase of the park includes more than 500 acres of developed land, including high quality potable water plant and distribution, fiber optic telephone and data cable, power substations, as well as waste treatment facilities. Silicon Border Science Park is the first to exclusively use LED lighting for 100 percent of its roadways and parking lots.
“Our team has been instrumental in its vision and implementation of providing a strategic manufacturing alternative to Asia,” said DJ Hill, chairman and CEO, Silicon Border. “Mexico offers a number of advantages for companies interested in locating to the region: low operating costs; tax incentives; preferences under the North American Free Trade Agreement and other trade pacts; and close proximity to potential customers in the United States.”
Silicon Border Science Park is a cost-effective, manufacturing alternative in North America for the world’s most advanced technologies, such as semiconductor, solar cell, telecommunications and flat-panel display manufacturers. It provides 10,000 acres of land for business space, and is supported by a world-class, industrial infrastructure and a significant Planned Urban Development Community. The Science Park is in close proximity to three major area universities and will be the site of one university’s engineering campus.
Manufacturing in Mexico has additional advantages under the United States Economic Stimulus Act. The Act requires that energy devices be built in America in order to qualify for the 30% investment tax credit in certain federal grants. Because of NAFTA, all energy equipment - such as solar panels manufactured in Mexico - qualifies under the “Buy American” provision for these governmental incentives. Additionally, equipment not manufactured in NAFTA will be subject to import duty. By not qualifying for U.S. incentives, solar products face significant disadvantages.
Source: Silicon Border, www.siliconborder.com
