Valencian group promotes a solar panel factory to avoid being dependent on China

a Valencian business group led by Marcos J. Lacruz, president of the Valencian association of renewable energy employers, promotes a solar panel factory to end reliance on imports Chinese. The entrepreneurs formed the Silicon Valen company to begin the assembly of the sheets within a year and are working to develop the entire silicone production cycle at four plants over the medium term. Lacruz, president of the company, explains that the project started with a private equity investment of six million euros.

The company was founded by the Navarro family (owner of the defunct Siliken plate firm), photovoltaic park developer Manuel Argüelles, and Marcos J. Lacruz firm, NRG Investment (supporter of photovoltaics and wind parks). Siliken was a Valencian group of companies dedicated to the development of solutions applicable to its industry. renewable energy, The Navarro family business, which once had 1,500 workers and has a presence in Spain, the United States, Italy, France and Germany, which succumbed as a result of the 2008 financial crisis, has invested 80 million in a silicon development factory in sheet and Lacruz. now he wants to benefit from his knowledge about the sector.

Europe Left without photovoltaic module factories 10 years ago due to competition from Chinese companies. Carlos and Antonio Navarro regret that Germany has sold the technology to Asian manufacturers and that China has taken advantage of the opportunity to finance companies with public money, which holds 95% of the world market. A situation similar to what happens in the manufacture of microchips or batteries for electric cars. The European Union wants to reverse this situation and encourages the development of battery plants (like Sagunt) and microchips with public assistance. Brussels also wants to promote projects like Silicon Valen.

Marcos J. Lacruz stressed that the conflict in Ukraine highlights the importance of not being dependent on countries like China in the context of current renewable energy deployment.. “Spain had a very strong module manufacturing industry that disappeared in 2008,” he complained.

Manuel Argüelles points out that 5 million photovoltaic modules per year are needed to face the current deployment of renewable parks in Spain. “Last year, the price of modules increased by 50% due to Chinese demand. We cannot continue this addiction,” he warns.

Silicon Valen’s first factory will have a workforce of 50 people and its location has not been disclosed. The company’s goal is to establish three more factories in the medium term, covering the entire value chain. “The idea is to set up four factories in Valencia. We need 72,000 square meters of land. We calculate that when these are up and running, we will employ 1,200 highly skilled workers, half of whom are engineers and programmers.” out.

The company will present its products at the Intersolar Europe fair (the industry’s most important event) in Munich this week. Lacruz insists that the key is that Silicon’s founders have already developed the technology thanks to their introduction to the project.

Source: Informacion

Popular

More from author

In the West, warned that the dollar may lose the status of the world currency 21:50

The introduction of tariffs by Donald Trump administration creates risks to dominate the dollar as a world reserve currency that can lead to loss...

“Russia” in the national center all Russia Municipality Forum 18:30

Organizers of the event, between 21-23 April, the second whole -Rus Municipality Forum “Little Motherland -Russia's Power” will be held at the Russian National...

The Russian Army spoke about the transfer of the armed forces from the Kursk region to DPR 21:46

Ukraine (Armed Forces) Armed Forces, to keep the city in the People's Republic of Donetsk (DPR) Krasnoarmeysk (Ukrainian name Pokrovsk) near the direction of...

Lensovevet Theater spoke about Boyarsky Province after hospitalization 21:59

RSFSR Mikhail Boyarsky's human artist took rotten after a decline in the Lensovevet Theater scene. The fracture of the ribs was not confirmed, Ria...