Advance Energy Solutions Plans Ridgeway, Virginia, Solar & Wind Farm
01/25/2021
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.
Project Announcements
AESC Expands Florence, South Carolina, Operations
03/28/2024
Alticor Expands Ada Township, Michigan, Operations
03/27/2024
Eastman Plans Longview, Texas, Production Operations
03/27/2024
DHL Supply Chain-Vantage Data Centers NV11 Plan Nevada Operations
03/26/2024
Big Jet Expands Pittsburgh, Pennsylvania, Operations
03/26/2024
Landmark Ceramics UST Expands Mt. Pleasant, Tennessee, Operations
03/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The Logistics Analysis That Drives Industrial Site Selection
Q4 2023
-
Manufacturing Momentum Is Building
Q1 2024
-
Technology’s Influence on Workforce Development
Workforce Q4 2023
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
Industry in the Era of the Electron
Q1 2024