We are proud to announce that we supplied a ready-made joint-stock company for the German company GRID PARITY AG. GRID PARITY AG is a German company focused on manufacturing photovoltaic cells. We provided GRID PARITY AG with a ready-made joint-stock company as part of a new production hall project for their subsidiary, AGORA Solar a.s., in Vranov nad Topľou, where AGORA Solar a.s. plans to invest approximately €3.5 million.
On Thursday, municipal councillors in Vranov approved the lease of an industrial hall for the Košice-based photovoltaic panel manufacturer, Agora Solar.
“We were looking for a suitable location in Europe, considering human resource costs. We had three locations identified – Vranov nad Topľou, Brno, and one location in Germany. I managed to convince the shareholders that this would be the best location. We will start with a single-shift operation; in the second half of 2023, we have planned a two-shift operation five days a week, and then we will gradually transition to a four-shift operation. We will produce a final product that we expect will be largely shipped to Western Europe,” stated Marek Šeba, Chairman of the Board of Agora Solar.
He said the total planned investment is 3.5 million euros, with 2.5 million allocated to technology and one million euros for the construction of a new warehouse. They plan to start production in November.
sources: tasr / www.gridparityag.com
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