The U.k.’s biggest technology company has added 1.7 million solar-panel panels to a former warehouse in its Manchester, England, office, as it continues to focus on the global economy and build on its solar manufacturing operations in the U.KS.
Panasonic’s new factory, which is being built in partnership with a solar-powered manufacturer in London, will provide 1,000 megawatts of electricity to Manchester’s existing manufacturing and distribution capacity, the company said in a statement Monday.
Panasonic said it would also invest $5 million in an infrastructure upgrade, which will allow the company to produce and sell solar panels in a larger number of factories, and to build a new plant in the city that can produce 20 million panels a year.
The factory in Manchester, which Panasonic has called its “solar factory,” is one of the largest in the world, with more than 7,000 solar panels and a solar panel-production facility of about 1,600.
Panasonic says its new factory will add more than 1,500 jobs and boost its U,K.
employment by about 1.6 million people.
Panasonic is one the biggest global manufacturers of solar panels, but its new facility will be the first of its kind in Britain.
The company’s solar panel business is now in its fourth year of expansion in the United Kingdom, which it said last year added 2.2 million panels.
Panasonic has been expanding in the British solar industry since 2015, when it bought a 15 percent stake in a solar PV company, SolarCity.
Last month, Panasonic said that it plans to invest $3.4 billion in its global solar business over the next five years.
Panasonic also announced plans to create 500 jobs in the manufacturing of solar-rechargeable batteries.
company said it is now focusing on the solar manufacturing business in the European Union, where it has invested about $3 billion over the past two years.
The solar panel company is expected to expand its global business and hire another 500 people by the end of the year, the statement said.