Flexible Electronics News

India Awards Production Linked Incentives to First Solar’s India Facility

The incentives are subject to the facility meeting product efficiency and domestic value creation thresholds.

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By: Lianna Albrizio

Associate Editor

First Solar, Inc. announced that its manufacturing facility in India has been awarded financial incentives under the Indian government’s Production Linked Incentive (PLI) program.    First Solar was one of only three manufacturers selected to receive the full range of incentives, which are reserved for fully vertically integrated manufacturing. The incentives are subject to the facility meeting product efficiency and domestic value creation thresholds, which will be evaluated on a quarte...

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