Singapore-headquartered Maxeon Photo voltaic Applied sciences has simply introduced that it’s going to construct a $1 billion silicon photo voltaic manufacturing facility in New Mexico – the most important within the US.

The three-gigawatt manufacturing facility, which can be positioned in Albuquerque, will produce TOPCon PV-silicon cell expertise and Maxeon’s shingled-cell Efficiency Line photo voltaic modules. The brand new manufacturing facility will provide each the utility-scale and rooftop photo voltaic markets.

The challenge is anticipated to value over $1 billion and is topic to a profitable monetary shut underneath the US Division of Vitality’s Title 17 Clear Vitality Financing Program.

The Maxeon manufacturing facility would be the first large-scale photo voltaic PV cell and panel manufacturing facility in New Mexico, and its deliberate capability is round double the dimensions of the most important silicon photo voltaic manufacturing facility at the moment working within the US.

The 160-acre website in Albuquerque is locally of Mesa Del Sol. The complicated will embrace photo voltaic cell manufacturing, panel meeting, a warehouse, and places of work.

Maxeon estimates that the brand new manufacturing facility will create as much as 1,800 jobs. The corporate plans to start building within the first quarter of 2024, and the manufacturing facility is predicted to come back on-line in 2025.

Invoice Mulligan, Maxeon CEO, mentioned, “The Inflation Discount Act has catalyzed a brand new chapter in America’s power transition. Our new photo voltaic cell and panel facility in New Mexico is an formidable and concrete response to the necessity to decarbonize the US economic system whereas creating everlasting, extremely expert native manufacturing and engineering jobs.”

The New Mexico manufacturing facility expands Maxeon’s international manufacturing footprint, which at the moment contains vegetation in Mexico, Malaysia, and the Philippines. 

Learn extra: A brand new manufacturing facility in New Mexico will construct $750M of wind turbine towers

Photograph: Maxeon Photo voltaic Applied sciences

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