First Solar selects Louisiana for its fifth US manufacturing facility

What happened

First Solar has selected Louisiana for a new $1.1 billion, 3.5GW CdTe thin-film PV module manufacturing facility, expected to be completed in H1 2026. This is the company's fifth US plant and will increase its total US nameplate capacity to approximately 14GW by 2026. 利空: This significant capacity expansion adds to the global supply of PV modules, potentially increasing market competition and exerting downward pressure on module prices in the medium term.

Impact and signal

Affected components and suppliers

Source and time

Source: Semiconductor Today · 8/10/2023 · View original source