General Electric (G.E.), in a major move, recently announced plans to build their largest solar manufacturing plant in Colorado, despite some risks in the solar market.

G.E. began planning the factory back in April, but until recently had not selected a location for the factory. The company decided on Aurora, Colorado -- a suburb east of Denver. The location has good proximity to testing lines and open space.

The risks that accompany General Electric's decision to expand solar production come from the recent fallout of other solar companies in the United States due to low-cost photovoltaics from Asia entering the market.

However, G.E. believes it can compete by making even lower-priced PV. G.E. cites profits from wind as an example of being able to turn a profit in renewable energy technologies. The factory will also be built without any government subsidies.

The factory will develop thin film cells using cadmium telluride, a much cheaper alternative to traditional crystalline silicon, however it is also less efficient at converting the sun's energy to electricity. Despite that fact, it will make solar panels more accessible to consumer.