First Solar's Indian Solar Factory Powers Up with 3.3GW Capacity

• First Solar's new module factory in Tamil Nadu, India, boosts the country's solar technology sector and creates high-value jobs, supporting India's self-sufficiency goals and the global shift to cleaner energy.

First Solar has opened a new module factory in Tamil Nadu, India, with a capacity of 3.3GW. The facility will produce the company's Series 7 thin-film photovoltaic solar modules, which were developed in the US and optimized for the Indian market. The factory represents an investment of approximately $700m and is First Solar's sixth operational factory, expanding its global manufacturing footprint to four countries. The inauguration ceremony was attended by the United States Ambassador to India and the CEO of the US International Development Finance Corporation.

The facility is seen as a significant investment in India's solar technology sector and will create high-value jobs in the region. It aligns with India's ambition to become self-sufficient in solar technology and supports the global transition to cleaner energy. First Solar has been on a manufacturing expansion strategy, growing its operational capacity from 6GW in 2020 to over 16GW by the end of 2023. The company also recently commissioned its third factory in the US.

What is the significance of First Solar's new module factory in Tamil Nadu, India?

• The opening of First Solar's new module factory in Tamil Nadu, India is a significant investment in India's solar technology sector.
• The factory has a capacity of 3.3GW and will produce First Solar's Series 7 thin-film photovoltaic solar modules, which have been optimized for the Indian market.
• The facility represents an investment of approximately $700m and is First Solar's sixth operational factory, expanding its global manufacturing footprint to four countries.
• The inauguration ceremony was attended by the United States Ambassador to India and the CEO of the US International Development Finance Corporation, highlighting the importance of the facility.
• The factory will create high-value jobs in the region, contributing to economic growth and development.
• The investment aligns with India's ambition to become self-sufficient in solar technology and supports the country's efforts to transition to cleaner energy sources.
• First Solar has been on a manufacturing expansion strategy, with plans to increase its operational capacity from 6GW in 2020 to over 16GW by the end of 2023.
• The company's focus on expanding its manufacturing capabilities demonstrates its commitment to meeting the growing demand for renewable energy globally.
• The opening of the new factory in India follows First Solar's recent commissioning of its third factory in the US, further strengthening its position as a leading solar module manufacturer.
• The facility will contribute to the growth of India's solar industry and support the country's renewable energy targets.