Click here to go back to the text entry page
Enter a web page URL to analyze:
Or, enter some text to analyze here:
The world's largest maker of solar inverters announced Monday that it will locate its first North American manufacturing plant in Denver. "We see a huge market coming in the U.S.," said Pierre-Pascal Urbon, the company's chief financial officer. Solar inverters convert the direct current created by solar panels into an alternating current accessible to the larger electrical grid. The company, based in Kassel, north of Frankfurt, Germany, boasts growing sales of about $1.2 billion a year. "We are creating economic opportunity," said Gov. Bill Ritter at a press conference. He added that creating core manufacturing jobs will help Colorado escape the recession sooner.