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First Solar to double U.S. panel-making capacity with new plant near Toledo


First Solar to double U.S. panel-making capacity with new plant near Toledo
BLOOMBERG
Bloomberg
First Solar Inc., the largest U.S. solar panel maker, plans to invest $680 million in a new factory near Toledo to more than double its manufacturing capacity in the country.
The plant s 3.3 gigawatts of annual solar-panel manufacturing capacity would boost First Solar s U.S. footprint to 6 gigawatts a year, the company said in a statement Wednesday, June 9.
The expansion follows years of solar factory shutdowns in the U.S. that have made the country reliant on imports from Asia. There was an uptick in panel manufacturing during the Trump administration, and now Joe Biden, who has made climate a centerpiece of his agenda, has signaled he may continue a tough trade stance against China. ....

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