Grant & Loan Awards: Laurens County


EDGE

Laurens County

EDGE Fund: $1,250,000

Awarded: 12/06/2010

Applicant: City of Dublin and County of Laurens DA-Mage Solar


Description:
EDGE grant funds of $1,250,000 will be used to assist with the location of Mage Solar USA, LLC. Mage Solar, part of the globally operating MAGE GROUP, plans to establish the company’s North American headquarters and production facility for photovoltaic modules in Dublin. As of 2010, solar photovoltaics generates electricity in more than 100 countries and, while yet comprising a tiny fraction of the total global power-generating capacity from all sources, is the fastest growing power-generation technology in the world. Mage Solar also plans to build an academy for solar education to promote solid solar knowledge and training in the industry. Due to the great potential of the American continent and increasing demand, the production of MAGE POWERTEC PLUS Modules is scheduled for first quarter 2011. The modules, produced from high-quality aluminum within the MAGE GROUP, attach to asphalt shingles, roof tiles, slate, shake, corrugated, standing seam or trapezoidal metal roofs. Mage Solar will occupy an existing 190,600 SF facility that is situated on approximately 19 acres in the Dublin Industrial District that was formerly occupied by Rockwell Automation.


Total Budgeted Project Cost: $31,160,100


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