First Solar inaugurates $1.1bn, 3.5GW Alabama CdTe PV manufacturing facility

What happened

First Solar has inaugurated a new $1.1 billion, 3.5GW fully vertically integrated CdTe thin-film solar module manufacturing facility in Alabama. This expansion is part of the company's strategy to scale U.S.-based PV production capacity. Bearish: This significant capacity addition increases the supply of PV modules, potentially pressuring prices in the solar component market.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 9/26/2024 · View original source