Fronius prepares to enhance manufacturing capacity by 65 percent

• Austria's Fronius International GmbH plans to additional greatly boost the production capacity of its "Solar Energy" company unit for solar inverters as well as various other PV components.

According to the business, this year it has invested EUR 187 million (USD 198.5 million) in its manufacturing site in Sattledt, Austria and also in the "Competence Center for Inductive Components" in Krumau, Czech Republic; next year, financial investments are to rise to EUR 230 million (USD 244.1).

The company's production figures are already "greater than ever before", with 32,000 inverters created each month in the current year. By the end of 2023, this is anticipated to enhance by 65 percent to 52,000 units monthly. "Regardless of challenging conditions such as unpredictable supply chains as well as scarcity of components as well as personnel," a declaration reads, Fronius has actually had the ability to protect materials and stabilize production.