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Spanish photo voltaic monitoring options producer PV {Hardware} (PVH) has acquired over six hectares of land in Valencia, Spain, to observe its progress plans and construct what’s says would be the world’s largest photo voltaic tracker manufacturing unit.
The 65,000-square-metre (699,654 sq ft) facility will allow PVH to extend its international manufacturing and provide capability to 25 GW per 12 months, the corporate mentioned.
At current, PVH runs operations at seven totally different areas at a Valencian industrial park and has a manufacturing facility in Saudi Arabia. The corporate plans to construct a tube manufacturing unit in Valencia with an funding of greater than EUR 20 million (USD 21.4m) within the coming months.
“By manufacturing its own products PVH controls the entire supply chain and offers its customers shorter delivery times and the ability to mitigate price variations caused by market fluctuations,” in keeping with the announcement.
“At the moment we are the third largest supplier of solar trackers in the world, and our goal is to become the world’s number one. We have the conditions and experience to do so, and with this expansion we will reach the necessary capacity to achieve our goal” mentioned COO Emilio Garcia.
PVH, a part of Spanish built-in photo voltaic participant Gransolar Group, additionally plans to open its first manufacturing unit within the US within the coming months.
(EUR 1.0 = USD 1.070)
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