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Plans by First Solar, Inc. to increase production of photovoltaic solar modules in the U.S. include investing $185 million to expand the capacity of its three facilities in Perrysburg and Lake Township.
First Solar announced plans to invest up to $1.2 billion for scaling up domestic panel production, including construction of a new factory and expanding existing plants.
With passage of the CHIPS and Science Act, multiple reports indicate companies across multiple industries plan to expand their use of automation and robotics.
Maker of CdTe modules plans $1.2BN investment, with new domestic site expected to be operational in 2025.
CEO Mark Widmar told CNBC the Inflation Reduction Act was the key catalyst for building another factory in the U.S.