Advance Energy Solutions, Inc, a Renewable Energy Technology company, purchased a building that once served as a Henry County Public Service Authority water plant and will locate its Solar & Wind Farm Protection control panel assembly operation to the facility in Ridgeway, Virginia.
The building, located on Water Plant Road, no longer served as a water plant and was not currently owned by the PSA.
“We plan to utilize the building for research and development and renewable Energy Control Panel assembly operations to serve renewable energy power equipment manufacturers and solar farm developers in Virginia and North Carolina,” said Advance Energy President, Pugazhenthi Selvaraj.
The company’s patented SunStream technology provides portable solar panels for instant charging of Outdoor recreational devices and cellphones directly from sunrays while hiking, boating, fishing or camping.
Selvaraj said the company chose the site due to its proximity to the Greensboro Triad Airport, along with the pool of potential talent from Virginia Tech’s Electrical Engineering Department and the growing clean energy needs. During the first two years of operation, the company plans to invest $1.5 million in machinery and equipment and hire 15 people.
“We are thrilled that Advance Energy has chosen Henry County for its new facility. It is especially satisfying when a new technology company chooses our area due, in part, to the younger talent we have coming out of our university system,” added Martinsville Henry County Economic Development Corporation Board chairman Larry Ryder.