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Silfab plans USD-4m expansion of solar PV factory in Washington State

Solar project using Silfab modules in Ontario, Canada. Source: Silfab Solar Inc

February 21 (Renewables Now) - Canadian photovoltaic (PV) module manufacturer Silfab Solar Inc intends to spend at least USD 4 million (EUR 3.7m) on expanding its factory in Washington State, which in turn will create between 20 and 40 new jobs.

The company plans to add more monocrystalline PV panel manufacturing equipment at its existing site in the city of Bellingham, Whatcom County.

According to a press statement, the Washington State Department of Commerce assists the project by providing a USD-250,000 economic development grant to the Port of Bellingham. The expansion is seen to be finalised later this year.

“Silfab remains committed to ongoing investments to improve product innovation and increase our footprint of quality manufacturing within the US,” commented Paolo Maccario, CEO Silfab Solar.

(USD 1.0 = EUR 0.926)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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