Chinese Solarever opens plant in Colima with an investment of 20 million US dollars

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The solar panel company, Solarever, opened a plant in Colima with 20 million dollars, capital of Chinese origin.

The Mexican company Solarever, specialized in the manufacture of solar panels, inaugurated this Monday a new plant in Mexico, in the city of Tecomán, in the eastern state of Colima, with an investment of about 20 million dollars, capital of origin Chinese.

“The development of this plant arises from the need for expansion of the company after eight years of operations in Mexico, in addition to the increase in demand for photovoltaic panels nationally and internationally,” said Simon Zhao, president and founder of Solarever.

The manager said that they chose Tecomán because of its proximity to the port of Manzanillo and because a large part of the plant’s production will be exported to the United States.

In a statement, the company specified that the investment is about 20 million dollars, but that figure includes expansion projects in the other two plants in Tepeji del Río, Hidalgo, and in Irapuato, Guanajuato.

With 9,000 square meters and three production lines, the plant is the company’s third in Mexico and is considered one of the largest in the country and in Latin America.

In fact, one of its lines already in operation has the capacity to produce 500 megawatts per year.

“We are leaders in the manufacture of panels, but also a provider of solar solutions. That is why we need more expansion, more investment, for new factories and new jobs ”, added Zhao, detailing that during the time they have been in Mexico they have invested about 250 million dollars.

In his turn, the governor of Colima, Ignacio Peralta, said that with the company’s new project “the economy of Colima will be energized as it will create sources of employment” in the state and especially in Tecomán.

He said that with the investment a signal is sent that in Colima there is a favorable environment for investment since conditions are generated “for investors to trust Colima and come to risk their capital.”

Meanwhile, the entity’s Secretary of Economic Development, Walter Oldenbourg, said that the company “will take advantage of Colima’s strategic place in the Asia-Pacific supply chain” and pointed out that the inauguration of the plant is the beginning of the consolidation of a series of projects in the entity.

During the inauguration, Solarever signed a collaboration agreement with the Institute of Renewable Energies of the National Autonomous University of Mexico (Unam).

With this agreement, the firm intends to work together to develop technological projects with universities, generate patents and research projects that promote the growth of the industry in Mexico.

Source: Forbes Mexico

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