First Solar breaks ground on $1.1bn 3.5GW Louisiana factory

What happened

First Solar has begun construction on a new $1.1 billion, 3.5GW CdTe thin-film PV module factory in Louisiana. This represents a significant expansion of US-based solar panel manufacturing capacity. Bearish: This planned capacity increase adds to global supply, potentially exerting downward pressure on PV module prices in the medium term.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 9/22/2023 · View original source