Gibraltar Industries, owner of solar racking company RBI Solar, of Cincinnati, OH has acquired balance of system designer SolarBOS, of California.
The thin film PV maker reports difficulties in ramping its new Series 6 product, as well as pressure from module price collapses.
425 MW of solar projects – including one on the site of a former coal mine – could exponentially increase the state’s installed capacity.
In the wake of the Section 201 tariffs, the United States is seeing a minor renaissance in solar module manufacturing. However, in terms of why this is happening, the tariffs are only one part of a more complicated story.
The plant is the second-largest planned in the Western Hemisphere, and will triple the thin film module maker’s manufacturing capacity in the United States.
Global oversupply and a collapse in module prices are not good news for manufacturers. But the details are always more complex, and many of the factories planned for the United States appear to be staying the course.
The results of a 2021/2022 auction saw an additional 964 MW of utility-scale solar projects bidding in to supply capacity, suggesting a boom in solar.
The firm is building the $400 million factory, its for First Solar – and creating 500 construction jobs in the process
The thin film solar maker is also reviving its EPC division with a goal to build 1 GW of solar projects each year, as well as increasing its presence in O&M services.
The 1.2 GW factory will employ 500 workers. The new facility is expected to First Solar’s total capacity to 7.6 GW by the end of 2020.
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