Ascendant delays solar panel facility
A solar company in Rockland is delaying plans to seek grant funding for a proposed manufacturing facility.
Ascendant Energy founder and CEO Chris Straka is holding off on applying for a $200,000 Community Development Block Grant until March 2010 in order to finalize the application, according to VillageSoup. He had originally planned to apply this year by the Aug. 14 deadline, but the grant requires that the applicant have a signed lease or own a building. Straka had considered the former Lewis Marine Building in Rockland, but higher-than-expected renovation costs have forced Straka to consider space at the industrial park instead.
Straka in April announced plans for a $5 million solar panel manufacturing facility that would employ 39 people, and in June received a $575,000 grant from the Maine Technology Institute. The Rockland City Council in June agreed to endorse the CDBG application on Straka's behalf, a requirement of the funding, according to the news site.
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