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| Firm's £60m solar technology plan | Firm's £60m solar technology plan |
| (10 minutes later) | |
| A company using revolutionary new solar energy technology is to make a £60m investment in Wales and create 300 jobs in Cardiff, the BBC has learned. | A company using revolutionary new solar energy technology is to make a £60m investment in Wales and create 300 jobs in Cardiff, the BBC has learned. |
| It is understood the product, which is being revealed on Tuesday, could potentially revolutionise the industry. | It is understood the product, which is being revealed on Tuesday, could potentially revolutionise the industry. |
| Unlike the usual solid glass solar panels, the product is more like a plastic foil and can be made into small patches for clothing or MP3 players. | Unlike the usual solid glass solar panels, the product is more like a plastic foil and can be made into small patches for clothing or MP3 players. |
| It will be the largest new investment into Wales since devolution in 1999. | |
| The company, G24i, will begin production early next year at Wentloog Corporate Park in Cardiff and will employ at least 300 people over the next three years. | The company, G24i, will begin production early next year at Wentloog Corporate Park in Cardiff and will employ at least 300 people over the next three years. |
| The investment is purely a private sector initiative and does not involve any public money. | The investment is purely a private sector initiative and does not involve any public money. |
| Licence | Licence |
| The new solar energy equipment can either be made into small patches for use on clothing or products like MP3 players, or into much larger surface areas up to the size of a roof top, so making it easier for the building industry to use it. | The new solar energy equipment can either be made into small patches for use on clothing or products like MP3 players, or into much larger surface areas up to the size of a roof top, so making it easier for the building industry to use it. |
| Unlike the usual fixed-size panels of glass, the product is more like a film or plastic foil and has greater potential to generate more output than conventional solar panels. | Unlike the usual fixed-size panels of glass, the product is more like a film or plastic foil and has greater potential to generate more output than conventional solar panels. |
| G24i has bought the licence for the new technology, which the assembly government says has worldwide potential. | G24i has bought the licence for the new technology, which the assembly government says has worldwide potential. |
| More details of the investment are being announced by Enterprise Minister Andrew Davies later on Tuesday at the Wentloog site. | More details of the investment are being announced by Enterprise Minister Andrew Davies later on Tuesday at the Wentloog site. |