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 sale brings in $240 million for First Solar and $360 million for SunPower, as both companies re-focus on manufacturing. Capital Dynamics now owns the yieldco.
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.
Two Wisconsin utilities are in talks to purchase the NextEra project, which is in excess of state renewable energy requirements and will be four times as large as all of the cumulative solar built in Wisconsin to date.
Arizona utility Salt River Project has brought together a technological trifecta in its recently commissioned single-axis tracker 20 MW solar plus 10 MW/40 MWh energy storage power plant.
The tracker maker will also supply a new type of racking for the roll out of First Solar’s large-format Series 6 modules.
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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