Technology & Products

First Solar to add 3.3 GW of capacity in a new $680 million US factory

The 1.8 million-square-foot facility is projected to create 500 jobs and produce an enhanced thin-film PV module for the utility-scale solar market in the U.S.
David Wagman
By
David Wagman
Image: First Solar

From pv magazine USA

US-based thin-film module manufacturer First Solar said it will invest $680 million to expand its domestic U.S. photovoltaic solar manufacturing capacity by 3.3 GW annually, representing an implied capital expenditure of around $0.20 per watt.

The company said it intends to fund the construction of its third U.S. manufacturing facility in Ohio with existing cash resources.

The new facility is expected to start operations in the first half of 2023. It is projected to achieve its throughput entitlement (modules produced per day) by the end of 2023 with more than 3 GWdc of nameplate capacity. It is expected to reach full nameplate capacity, based on the company’s module efficiency roadmap, in 2025.

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Comments

Investing in the long-term health of the U.S. solar industry | Your Solar News Aggregator
Nov 03, 2021

[…] is a lot of this capacity was brought online since the Section 201 tariffs went into effect and a lot more has been […]

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Investing in the long-term health of the U.S. solar industry – pv magazine USA – Lets Buy Stock
Nov 03, 2021

[…] is a lot of this capacity was brought online since the Section 201 tariffs went into effect and a lot more has been […]

Reply
Investing in the long-term health of the U.S. solar industry – pv magazine USA
Nov 03, 2021

[…] is a lot of this capacity was brought online since the Section 201 tariffs went into effect and a lot more has been […]

Reply