solar panels and cells manufacturing facility in North America, committing a total investment of USD 294 million (EUR 274.4m).
will establish the factory in two phases, with a plan to start mass production in the first quarter of 2025
first set up the solar panel factory using an existing building, aiming for an annual production capacity of 2 GW
factory will produce the company’s TOPCon N-Type cell, technology-based monofacial and bifacial solar panels for residential, commercial and industrial, and developers of utility-scale projects
second phase will involve the construction of a 500,000 to 600,000-sq-ft (46,451 sq m-55,742 sq m) facility on a 34-acre (13.8 ha) site, which will produce 2 GW of PV cells annually