Pecos Road, in the Golden Triangle Industrial Park, by early August. Rice said the company will vacate the facility at 4975 N.

Department of Energy, approved in 2007 under the Bush administration. It received a $15.6 million grant from the U.S. The company did not use $5.9 million in federal tax credits arranged by the Obama administration because it didn’t realize any taxable income, Rice said. 'Based on intense competition, the challenging solar energy equipment pricing environment and lower-than-anticipated demand for CPV solar energy in Nevada and other states in the Southwest, Amonix has made the difficult decision to restructure the company and shut down its manufacturing center in North Las Vegas,' spokeswoman Kelly Rice said Thursday in a statement. In its first public statement on the closure, the company said it had no choice but to close the plant after less than a year in operation. The company also has a noncurrent loan of $15 million. Liabilities include $50.2 million in accounts payable, $17.9 million in accrued expenses and a $10.2 million deferred commitment fee. The 214,000-square-foot plant, subsidized by more than $20 million in federal tax credits and grants, ceased operations in May, shipping most of the equipment back to its California headquarters and leaving about 300 people without a job.Īn April balance sheet for the Seal Beach, Calif.-based manufacturer of concentrated photovoltaic solar panels, obtained this week by the Review-Journal from one of the company’s unsecured creditors, shows liabilities of $93.5 million and assets of $72.2 million. Solar panel manufacturer Amonix might have been in financial trouble before the company’s chief executive officer was killed in a December plane crash and 70 percent of the work force at its North Las Vegas plant was laid off a month later.

Las vegas casinos leaving nv energy