General Electric Co. (GE) has some good plans for putting up the country’s largest US solar-panel plant. Though the company has yet to decide upon the location but it definitely has about three months in hands to finalize one.

Fairfield, Connecticut-based GE said today in a statement that this up-coming facility will increase the total investment in the solar business up to $600 million. 400 people will get employment from this plant, which has plans to make a big number of panels annually enabling the operators to generate maximum power for 80,000 U. S. homes (approx 400 megawatts).

Victor Abate, who runs solar, wind and renewable energy units at GE, has confirmed that GE is planning to expand manufacturing of the panels with an aim of boosting the efficiency of cadmium telluride- based thin film panels to make a record of 12.8%. According to him, this increase will also help in bringing down the costs.

Abate was contacted for a telephone interview in which he said that “Before you scale, you have to be a technology leader. By reaching this milestone with the most efficient technology, we believe we’re ready to scale. The expansion includes buying the rest of Arvada, Colorado- based PrimeStar Solar Inc.”