A solar panel manufacturer based in India has teamed up with a Raleigh site selection consultancy to market and distribute solar panels to be built in Halifax County.
Swelect Energy Systems, based in Mylapore, India, plans to develop the solar panel manufacturing facility in Halifax County. In choosing the North Carolina site over a competing parcel in Virginia, Swelect was advised by Raleigh-based Bridge Consulting Practice in Raleigh.
As part of the deal, Bridge Consulting will establish Bridge Solar as Swelect’s exclusive solar panel distributor in the eastern United States. The deal was announced Friday in Halifax County.
Swelect has pledged to hire 155 workers at the Halifax County site over the next five years, and pay an average salary of at least $30,419, which is $24 a year over the county average. Swelect also plans to invest more than $4.7 million in the manufacturing site and an adjacent utility-scale solar farm.
Swelect stands to receive up to $600,000 in financial incentives from the One North Carolina Fund if it meets its hiring and investment targets. The state grant is contingent on matching local grants.
Halifax County plans to build a 55,000 square foot building to house the manufacturing facility beside 13.86 acres of land that will contain the Swelect solar farm.
Swelect is the U.S. unit of 33-year-old Indian parent company Swelect Energy Systems Ltd.