Sunday, June 15, 2025
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO North America > News > First Solar announces new U.S. plant following the Inflation Reduction Act

First Solar announces new U.S. plant following the Inflation Reduction Act

in News
First Solar announces new U.S. plant following the Inflation Reduction Act
Share on LinkedinShare on WhatsApp

First Solar will build a new solar panel manufacturing facility in the U.S., the company announced on Tuesday.

The Tempe, Arizona company will invest up to $1 billion for a plant planned in the Southeast of the U.S., as the firm take advantage of the Inflation Reduction Act which incentivizes domestic manufacturing.

“We believe that with the IRA we have a durable industrial policy foundation, one that we have long been advocating for, that’s comprehensive in its foundation and will enable the solar industry as a whole,” First Solar CEO Mark Widmar said to reporters.

Widmar added that this is the first time the entire supply chain has been incentivized, from the manufacturer to the generating asset and finally to the end customer.

The newly announced plant will be the panel maker’s fourth fully integrated U.S. factory.

First Solar also said that it will spend $185 million upgrading and expanding its existing facilities in Ohio.

The new factory will manufacture 3.5 gigawatts of solar modules annually by 2025.

Some 90% of panels installed in the U.S. are made overseas, mostly in China, however imports have been impacted by supply chain disruptions and tariff threats.

The expansions are expected to create 850 jobs and bring the company’s total U.S. workforce to 3,000.

Tags: First SolarInflation Reduction ActMark WidmarSolar energy

Related Posts

Southwest reaches new contract with pilots
News

Escalating tensions in the Middle East cause oil prices to surge

Meta recruits Alexandr Wang, 28-year-old CEO of Scale AI
News

Meta recruits Alexandr Wang, 28-year-old CEO of Scale AI

Coinbase CEO Brian Armstrong says bitcoin may become world’s reserve currency
News

Coinbase CEO Brian Armstrong says bitcoin may become world’s reserve currency

Air India plane crash creates further challenges for Boeing
News

Air India plane crash creates further challenges for Boeing

Oracle announces 9% revenue growth in Q2 results
News

Oracle’s Q4 revenue tops estimates

Chime prices IPO at $27 per share, valuing company at $11.6 billion
News

Chime prices IPO at $27 per share, valuing company at $11.6 billion

Lutnick and Bessent successfully conclude two days of US-China talks
News

Lutnick and Bessent successfully conclude two days of US-China talks

GM reshapes product strategy with plug-in hybrid EVs
News

GM to invest $4 billion in its U.S. manufacturing plants

Elon Musk ordered to testify in SEC Twitter investigation
News

Musk admits he ‘went too far’ in social media Trump feud

American fund managers lobby Congress over Trump’s tax bill
News

American fund managers lobby Congress over Trump’s tax bill

No Result
View All Result

Recent Posts

  • Drinking green tea is a healthy habit
  • The Impact of Film on Society: A Deeper Look
  • Escalating tensions in the Middle East cause oil prices to surge
  • Meta recruits Alexandr Wang, 28-year-old CEO of Scale AI
  • Coinbase CEO Brian Armstrong says bitcoin may become world’s reserve currency

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.