Genesis Solar

Type
Business expansion
Country
Spain
Region
Sur; Andalucía; Cádiz
Location of affected unit(s)
Puerto Real
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
108 jobs
Number of planned job creations
Job creation
Announcement Date
6 June 2007
Employment effect (start)
1 January 2009
Foreseen end date
1 January 2010

Description

Genesis Solar announced its plans to open a plant for the manufacturing of photovoltaic pannels for solar energy systems in the Bay area of Cadiz. The plant will be located in the Tecnobahia Industrial Park and it is expected to create 108 jobs: 88 in production, 14 in the commercial department and 6 in administration. The project will be implemented in two stages in 2009 and 2010. The plant’s production is directed at the regional market in Andalucia (50%), the rest of Spain (20%) and abroad (30%).

Sources

  • 6 June 2007: Cinco Días

Citation

Eurofound (2007), Genesis Solar, Business expansion in Spain, factsheet number 65456, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/65456.