PV Hardware (PVH), a subsidiary of Gransolar of Spain has notified plans to construct the world’s largest solar tracker factory in Valencia, Spain. The Spanish solar tracker manufacturer recently acquired a plot of land that spans in an area more than 6 hectares as a location for the project. The new factory is expected to increase PVH’s global annual tracker production capacity to 25 GW.
PVH’s operations are currently spread across seven different locations in Cheste, Spain’s Castilla industrial estate. In the coming months, the company will invest more than €20 million in the construction of a tube factory. The company claims that manufacturing its own products allows it to control the entire supply chain and provide its customers with shorter delivery times, as well as the ability to mitigate price fluctuations caused by market fluctuations.
PVH has an additional 8 GW of manufacturing capacity in Saudi Arabia and plans to open its first 6 GW factory in the United States in the coming months. It had a turnover of more than €800 million in 2022 and processed nearly 200,000 tonnes of steel in Cheste.