Boviet Solar's $294M Investment in NC Solar Factory

• Boviet Solar's Project Gen brings 2-GW solar panel facility to North Carolina, creating 900 jobs and boosting solar energy production in the U.S.

Boviet Solar has announced plans to start a 2-GW solar panel manufacturing facility in Greenville, North Carolina, referred to as "Project Gen." The company will receive incentives and grants from Pitt County and the North Carolina Dept. of Commerce for the $294 million refab of an existing 500,000-ft2 building in Indigreen Corporate Park, with intentions to build a second 500,000-ft2 building on-site for solar cell manufacturing. The site is expected to support 900 jobs, with mass production set to begin in early 2025.

Ningbo Boway Alloy Materials Co., a Chinese materials manufacturer supporting Boviet Solar, also revealed plans to build a 3-GW TOPCon cell plant in Vietnam in addition to the North Carolina module assembly factory. Boviet Solar, founded in Vietnam 11 years ago, had its solar panels excluded from antidumping/countervailing duties on Southeast Asian imports last year. General Manager Jimmy Xie expressed pride in bringing manufacturing excellence to the U.S. and contributing to North Carolina's economy while expanding solar energy usage in the country.

What are the details of Boviet Solar's plans for solar panel manufacturing in North Carolina?

• Boviet Solar plans to start a 2-GW solar panel manufacturing facility in Greenville, North Carolina, known as "Project Gen."
  
• The company will receive incentives and grants from Pitt County and the North Carolina Dept. of Commerce for the $294 million refab of an existing 500,000-ft2 building in Indigreen Corporate Park.
• Boviet Solar also intends to build a second 500,000-ft2 building on-site for solar cell manufacturing.
• The site is expected to support 900 jobs, with mass production scheduled to begin in early 2025.
• Ningbo Boway Alloy Materials Co., a Chinese materials manufacturer supporting Boviet Solar, plans to build a 3-GW TOPCon cell plant in Vietnam in addition to the North Carolina module assembly factory.
• Boviet Solar, founded in Vietnam 11 years ago, had its solar panels excluded from antidumping/countervailing duties on Southeast Asian imports last year.
• General Manager Jimmy Xie expressed pride in bringing manufacturing excellence to the U.S. and contributing to North Carolina's economy while expanding solar energy usage in the country.