First Solar to Open New 3.7GW US Manufacturing Plant in 2026
US thin-film module manufacturer First Solar has unveiled plans to build a new 3.7GW manufacturing plant in the US in 2026.
Production at the new facility is forecast to begin at the end of next year, with ramp-up continuing through the first half of 2027.
No location has been disclosed so far for the new manufacturing facility, but the company said it will onshore the finishing of Series 6 modules started at international factories.
First Solar is forecast to invest approximately US$300 million in the construction of the new facility, of which nearly US$260 million is capital expenditure.
“Such an investment is expected to enable additional production in the US market that we expect will be fully compliant with forthcoming FEOC guidance as well as improve the gross margin profile of our sales by reducing tariff charges and logistics costs associated with importing finished goods,” said Mark Widmar, CEO of First Solar.
Author's summary: First Solar invests $300 million in new US plant.
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