At full capacity, the facility is expected to produce about 400MW of flexible photovoltaic (PV) panels per year.
According to the company, retrofit of the existing building will be commenced in the second quarter of 2011.
US Senator for Oregon Ron Wyden said that this project will hire hundreds of highly skilled, highly paid Oregonians to manufacture the latest in renewable energy technology.
The DOE, through its Loan Programs Office, has offered conditional commitments for loan guarantees totaling about $18bn to support 19 clean energy projects.
SoloPower is a California-based manufacturer of flexible thin film solar cells and modules.
