An Illinois-based company's new solar and thermal manufacturing facility in The Colony could help lightly ease some burdens on the Texas grid.
ELM Solar’s new manufacturing and distribution facility may open the doors to a greener future for the fast growing Dallas suburb.
The facility will be the home to a variety of ELM’s operations like engineering, procurement, manufacturing, testing, customer support and management. On top of battery energy storage systems, it will also produce U.K.-based Naked Energy’s thermal collectors that store solar heat at temperatures up to 167 degrees Fahrenheit.The company is planning to invest $3 million in technology to bolster production of Naked Energy’s products.
Inside ELM MicroGrid and ELM Solar’s new manufacturing and distribution center, on Thursday, April 18, 2024 in The Colony.The facility in The Colony currently employs 70 people but will raise its employee count in the coming years after it signed a 10-year lease for the facility. Rent each month is approximately $130,000.ELM previously had a facility in Lewisville that shuttered its doors as it became too small to keep up with the growing company.
Lee Graves, chairman and founder ELM Companies, speaking during the unveiling of the new manufacturing and distribution center of ELM MicroGrid and ELM Solar, on Thursday, April 18, 2024 in The Colony.Naked Energy’s thermal technology being manufactured and distributed from The Colony’s facility is another monumental feat for ELM.“It goes hand in hand with both our battery energy storage and renewable energy,” said Aron Bowman, ELM president.
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