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The company, which makes photovoltaic modules has claimed that it is to hire at least 50 more employees by the end of the year.
Abound Solar recently doubled its office space at 2695 Rocky Mountain Avenue now occupying the entire top floor of the Rangeview II building.
Now the company is set to expand its lab space. It will expand its certification and reliability lab to 8,000 square feet from the current 3,600 square feet.
Mark Chen, the Marketing Director for Abound told the Coloradoan: “We’re growing quickly, continuing to add employees.
“The reliability and certification lab expansion has allowed us to vastly expand our test capability there, bring in more equipment, perform more tests in-house, save us time, and money, and get our products to market faster.”
And Larry Knipp, Director of Systems Engineering for Abound Solar said: “Our expanded office space, lab space and outdoor test site in Centerra allow us to bring our photovoltaic modules to market more quickly and ensure high quality.”
The company has recently constructed an outdoor solar module testing site near to Interstate 25 and Highway 34. Abound Solar already has a testing sight in Longmont, which according to Chen will be augmented by the new site.
“The proximity to the lab allows for quick testing of modules and immediate performance monitoring in a field environment,” a recent news release from the company stated.
When it is populated in approximately six months, the new sight will produce 100 kilowatts of power, which equates to enough power for 30 houses.
Abound Solar was founded at Colorado State University. The company gained success by devising a low-cost efficient way to assemble solar modules.
Editor’s notes: In 2012, Abound Solar laid off almost half its employees and on June 28, 2012, Abound Solar announced it would file for bankruptcy protection and that it would suspend operations.
In February 2013, the Colorado Department of Public Health and Environment (CDPHE) issued a compliance advisory to the company, requiring that it clean up approximately 2,000 “unsellable” pallets of solar panels containing cadmium which is a toxic carcinogen, as well as drums of cadmium-contaminated fluids.
The bankruptcy trustee for Abound Solar estimated that the cost of the cleanup would be $2.2 million. In July of the same year, the Denver Post reported that the cleanup of the hazardous materials had been completed.
As of June 2023, there was 14,720 square feet of office space available at the Rangeview Two building on Rocky Mountain Avenue in Loveland, CO.
The asking rent was $19.75 per square foot per year. Other tenants renting space at the property included the mining and oil company, Mears Group, and the University of Colorado Health.