India-Based SWELECT Energy Systems Plans Manufacturing Plant & Solar Farm In Halifax County, North Carolina
The company is the U.S. unit of SWELECT Energy Systems Limited, a leading name in power electronics and renewable energy based in Mylapore, India.
“SWELECT’s choice of Halifax County highlights all the factors that have made North Carolina the Southeast’s No. 1 state for manufacturing jobs,” said North Carolina Commerce Secretary John E. Skvarla, III. “A competitive cost-structure, highly productive workers and ease of access to North American markets all will play a part in this company’s success.”
“Producing modules at the Halifax County facility allows us to help North Carolina meet its renewable energy goals and further support the U.S. market,” said R. Chellepan, SWELECT’s managing director. “Our partnership with North Carolina and Halifax County presents the opportunity for SWELECT to leverage 30 years of world class experience in solar manufacturing. We are delighted that our products will be ‘Made in the USA.’”
The project was made possible in part by a performance-based grant of up to $600,000 from the One North Carolina Fund. The One NC Fund provides financial assistance, through local governments, to attract business projects that will stimulate economic activity and create new jobs in the state. Companies receive no money up front and must meet job creation and investment performance standards to qualify for grant funds. One NC grants also require and are contingent on financial matches from local governments.
Joining EDPNC and N.C. Commerce in supporting SWELECT’s new location are the North Carolina General Assembly, the North Carolina Community College System, Halifax County, Halifax County Business Horizons and Roanoke Electric Membership Corporation.
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