Verditek reopens PV panel factory in Italy, announces new ventures in Europe

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April 27 (Renewables Now) - UK lightweight solar panel manufacturer Verditek Plc (LON:VDTK) said today its factory in Italy has been in operation for three weeks and announced a slew of new business deals it signed since the end of January.

The manufacturing facility in Lainate, Italy resumed production on April 6 following weeks of employee self-isolation in light of the spread of coronavirus infection in the country. Verditek was allowed to return to work and so far, there have been no COVID-19 disease symptoms registered among the staff, the company said.

Verditek will have access to the government wage compensation programme as part of the so-called Cura Italia law decree aimed at addressing the economic and social impact of the disease.

In the UK, Verditek has made an arrangement with eco-buildings manufacturer Green Unit to integrate its lightweight solar technology into the curved roof of the company’s modular ARC buildings. Besides the solar roof, Green Unit’s buildings will also be equipped with battery storage and a bio-generator.

Next, Verditek has signed a contract with Portuguese motor and generator manufacturer Lux Optimeyes Energy Lda covering a 10-year licensing agreement for a lightweight solar panel factory in Moura, Portugal. The contract includes the design, supply and installation of a 10 MW per shift photovoltaic (PV) manufacturing line based on Verditek’s technology.

The busy company has also signed agreements to trial its PV technology on vehicles. Under an agreement with UK urban mobility company Electric Assisted Vehicles Ltd, it will test the integration of PV panels into the electrical system of zero-emission lightweight commercial vehicles to extend their range. The trial will last for three months, after which the companies will agree on further collaboration.

Lastly, IM Efficiency, a Dutch technology company that has developed PV systems for transport trucks and semi-trailers, will run a paid trial of Verditek’s lightweight low profile PV technology. The partners expect to further improve the performance of IM Efficiency’s products and reduce the pay-back period, which is already below three years, Verditek said.

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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