RIDGEWAY, VA – A renewable energy company is expanding its operation to Henry County.
Advance Energy Solutions, Inc, a company from Vinton, announced that it has purchased a building that once served as a Henry County Public Service Authority water plant.
The company says it will locate its solar and wind farm protection control panel assembly operation to that facility located on Water Plant Road in Ridgeway.
“We plan to utilize the building for research and development and renewable Energy Control Panel assembly operations to serve renewable energy power equipment manufacturers and solar farm developers in Virginia and North Carolina,” Advance Energy President Pugazhenthi Selvaraj said.
The company’s patented SunStream technology provides portable solar panels for instant charging of outdoor recreational devices and cellphones directly from sun rays while hiking, boating, fishing or camping.
Selvaraj said the company chose the site due to its proximity to the Greensboro Triad Airport, along with the pool of potential talent from Virginia Tech’s Electrical Engineering Department and the growing clean energy needs.
During the first two years of operation, the company plans to invest $1.5 million in machinery and equipment and hire 15 people.
The Martinsville-Henry County Economic Development Corporation worked with Henry County to secure the project, particularly Deputy County Administrator Dale Wagoner.
Wagoner initiated the dialogue with the company and worked with them throughout the process.
“There is tremendous growth potential in clean energy,” said Wagoner. “Advance Energy will be a nice addition to our community.”