UK Startup Awendio Plans $725 Million Solar-Cell Plant in Quebec
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Rendering of a Awendio Solaris solar technology facility planned for an industrial site in the Montreal region.British startup Awendio Solaris is drafting plans to invest as much as C$1 billion ($725 million) into a solar technologies factory in Canada, though it still needs to secure power supply and financing.The company wants to build a manufacturing facility and a research and development center on an industrial site in the Montreal region. The operation would manufacture solar cells and assemble solar panels for North American utilities, delivering up to 2,500 megawatts of annual production capacity in its first phase, according to the firm’s website.