Geenex has said it will invest a total of $200 million in installing photovoltaic projects in North Carolina over the next two years. The first project is set to be 50 MW in size and the generated energy is expected to be sold to Dominion Power.
Overall, the company aims to invest at least $500 million in the U.S. over the next five years. CEO Georg Veit said that Geenex will, as far as possible, source labor and equipment locally. He declined to divulge any further information, including project specifics, or whether the entire sum will be invested in North Carolina, or spread across other states.
In addition to installing utility-scale projects, Geenex has said it will build a "Solar Center of Excellence" to use as an education and training center. Again, no further information was provided.
"Solar is a rapidly growing industry even in a time when other industries decline and lay off workers. Our vision is to inform, educate, enable and providing a long term approach which will bring the solar industry to the next level," stated Veit.
Popular content
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
Share
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.