First Solar broke ground on a previously announced manufacturing facility in Iberia Parish, Louisiana, its fifth fully vertically integrated factory in the United States.
The facility, believed by First Solar to be the largest capital investment in the area’s history, represents an investment of approximately $1.1 billion in expanding America’s capacity to produce photovoltaic (PV) solar panels. Expected to start commercial shipments by the first half of 2026, the facility is forecast to grow the company’s nameplate manufacturing capacity by 3.5 GW to reach approximately 14 GW in the U.S. and 25 GW globally in 2026.
When completed, the fully vertically integrated manufacturing facility will cover over two million square feet and is designed to transform a sheet of glass into a ready-to-ship Series 7 module in approximately 4.5 hours, producing over one dozen new Louisiana-made solar panels every minute.
In July, First Solar announced its plans for a fifth factory in the United States, where it would produce First Solar’s Series 7 modules, which are expected to be manufactured with 100% US-made components identified in the current domestic content guidance issued by the US Department of Treasury. The company announced in August that it had chosen the Acadiana Regional Airport in Iberia Parish, Louisiana as the location.
First Solar’s investment in Louisiana is expected to create over 700 new direct manufacturing jobs in the state. The company, with more than 2,500 employees across the country, expects to have over 4,000 direct employees in the U.S. by 2026.
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“As America’s solar company, we are proud to welcome Louisiana to the largest solar manufacturing footprint in the Western Hemisphere,” said Mark Widmar, CEO of First Solar. “This facility, like its sister facilities in Ohio and Alabama, represents First Solar’s investment in our country’s future. We are creating enduring value for the U.S. by building a robust solar manufacturing base and the value chains that enable it. This delivers jobs and economic value today, and establishes the foundations needed for the country to enter the next decade with a secure supply of solar energy technology.”
Since the start of this decade, First Solar has embarked on a $4.1 billion manufacturing expansion strategy that has seen it grow from approximately six GW of global nameplate capacity in 2020 to 13 GW operational today, with approximately 12 GW of nameplate capacity expected to come online in the U.S. and India between the second half of 2023 and 2026. In addition to the Louisiana facility, First Solar commissioned its third Ohio factory earlier this year and is expected to complete its new facility in Alabama and the expansion of its existing Ohio footprint in 2024. The company also expects its new facility in India to begin commercial production in the fourth quarter of this year. Additionally, the company is investing up to $370 million in a dedicated R&D innovation center in Perrysburg, Ohio, which is expected to be completed next year.
Rudolph Libbe, Inc., will serve as the general contractor for the project and has already engaged with Lafayette-headquartered LEMOINE to assist with early site work. The new facility is expected to create 500 construction jobs in Louisiana over the next 18 months.