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New manufacturing facility in Ohio will be company’s third in the United States.
June 10, 2021
By: DAVID SAVASTANO
Editor, Ink World Magazine
First Solar, Inc. announced that it will invest $680 million to expand America’s domestic photovoltaic (PV) solar manufacturing capacity by 3.3 gigawatts (GW)DC annually, representing an implied capital expenditure of approximately $0.20 per watt. The company intends to fund construction of its third US manufacturing facility, in Lake Township, OH, with existing cash resources. Contigent upon permitting and pending approval of various state, regional and local incentives, the new facility is e...
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