An Electrifying Development
Thinking Big, Thinking Green
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Under the partnership, GFT will receive a commission on every sale and installation of a charging station, as well as inventory or maintenance work.
The Phoenix alternative-energy company expects sales to top $10 million this year, primarily through the installation of photovoltaic systems at residential and commercial properties in Arizona.
This deal comes after Phoenix-based Ecotality Inc. and its subsidiary, Electric Transportation Engineering Corp., secured $99.8 million in federal stimulus money to finance an electric-vehicle charging infrastructure with Nissan Motor Co.
The grant, announced in August and finalized in October, provides funding for eTec to install nearly 12,000 charging stations in Arizona, California, Washington, Tennessee, and Oregon. The company plans to work with the Maricopa Association of Governments and similar agencies in other areas to roll out the program. Nissan will release 4,700 electric vehicles for the initiative as it seeks to boost demand for its new Leaf brand, set to debut next year.
Nissan did not respond to requests for comment.
The Obama administration hopes this initial network will expand nationwide and create a bevy of quality, high-paying green jobs the president has promised since taking office.
“We absolutely need those jobs in the present economy,” said David Drennon, spokesman for the Arizona Department of Commerce. “Arizona has tremendous opportunity to lead the nation and the world to be the place for these jobs to grow.”
The Valley has lost 210,000 jobs since the start of the recession, and the 7 percent employment drop in the past year is the largest decline of any major metro area in the country.
The Ecotality project is expected to generate 750 new jobs, and the GFT partnership will create at least 60 positions as the company expands its network in California, Colorado, Texas, and possibly Nevada.
“We see a huge opportunity and a great impact we can make,” Casey said.
Phoenix Business Journal staff writer Patrick O’Grady contributed to this report.
Chris Casacchia writes for the Phoenix Business Journal.
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