Solarwatt opens 300 MWp photovoltaic panel manufacturing facility in Dresden

• German solar panel maker Solarwatt has appointed a brand-new factory with the ability to generate 300 MWp of double-glass solar panels along with two new assembly line for batteries in the city of Dresden.

The company has invested regarding EUR 35 million (USD 41.0 m) in the 3 assembly line and strategies to enhance the quantity invested in its expansion to greater than EUR 100 million by 2023, it said on Thursday.

With an area of 3,500 sq m (4,186 sq yd), the brand-new manufacturing facility will make around one million solar panels annually which will be enough to supply some 80,000 houses with solar power.

The two assembly line for batteries, which are located likewise at the site in Dresden, were taken into procedure at the beginning of September and also the very first batteries will be delivered to consumers at the end of the month. One of the facilities constructs the Battery flex, established jointly with carmaker BMW AG (ETR: BMW) for its electric automobiles.

Solarwatt uses complete solar systems with PV panels, solar panels and also energy management. The products are established at the firm's websites in Dresden as well as Huerth, while producing takes place in Dresden as well as the procedure is powered exclusively with environment-friendly electrical energy.