First Solar Bets $4.5 Bn on US Manufacturing as Capacity Ramps Up to 18 GW

First Solar is investing approximately $4.5 billion in expanding its US manufacturing and R&D infrastructure, aiming to reach an annual nameplate solar module production capacity of 18 GW across six facilities by 2027. This expansion, including a new South Carolina plant, is projected to increase the company’s US economic contribution to $7.8 billion and support nearly 40,000 jobs by 2027. The company emphasizes its vertically integrated thin-film technology and reliance on an American supply chain.

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