A San Diego solar factory that rode into town on a wave of fanfare and government assistance is now on its last leg.
Soitec, one of the region’s only solar manufacturers, came to San Diego in 2011, bolstered by the promise of lucrative power contracts with San Diego Gas & Electric and a project in Imperial Valley with Omaha-based Tenaska Solar Ventures. Those deals were crucial to the company’s decision to build its plant in Rancho Bernardo.
The Tenaska deal is now history, and Soitec confirmed Friday its SDG&E agreements are also in peril.
In fact, SDG&E and Soitec disagree on whether their contract even still exists.