First Solar goes to India
First Solar has announced plans to establish a new 3.3 GW manufacturing facility in India. Representing an investment of $684 million, the move demonstrates the thin-film PV manufacturer’s confidence in India’s solar growth and the increasingly favorable policy environment for domestic solar PV production.
Over the last few months, India has seen several announcements for PV module capacity expansion or new fab establishment by domestic manufacturers. Among these announcements for crystalline silicon cells and modules, the entry of U.S.-based First Solar has added thin-film technology to the Indian manufacturing landscape, which is currently dominated by crystalline silicon. The …
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