From th TJ this morning:
Executives revealed Thursday the company plans to spend $700 million on a facility with the capacity to produce an annual output of 5,000 tonnes of polycrystalline silicon – a base material used to make solar panels. Umoe Solar has also committed to building a solar research centre in the capital city where more than 30 employees will be working once the company ramps up New Brunswick operations – in 2012 or 2013.
This is great news. I think Norway should be a target market for us. While everybody runs like lemmings to other more sexy markets for invetsment, maybe we should be more niche and pick countries like Norway.
What amazes me, however; is something like the Umoe plant is considered an abberation. Like Michelin in Nova Scotia. A one time deal.
The province should tick off Umoe and be on to the next project. We need 10 Umoes a year or more around New Brunswick.