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Maxeon goes to open a 3 GW photo voltaic manufacturing facility in New Mexico Acquire US

Singapore-headquartered Maxeon Solar Technologies 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 will likely be positioned in Albuquerque, will produce TOPCon PV-silicon cell know-how 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 mission is anticipated to price 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 present working within the US.

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

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 vitality 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 financial system whereas creating everlasting, extremely expert native manufacturing and engineering jobs.”

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

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

Picture: Maxeon Photo voltaic Applied sciences

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