Suniva Reboots US Solar Cell Production with 1GW Capacity

• Suniva Inc, leading US solar cell manufacturer, announced expansion of a Norcross, Georgia factory - creating 240 full-time jobs and 1GW capacity. 2.5GW capacity possible with new financing commitment and wafer supply agreement. US solar manufacturing gets a boost!

US solar cell manufacturer Suniva Inc announced plans to expand and restart its factory in Norcross, Georgia with a first phase of expansion creating up to 240 full-time jobs and establishing a manufacturing capacity of 1 GW. The company is also pursuing a second phase of expansion which would boost annual manufacturing capacity up to 2.5 GW. Suniva secured a USD 110 million financing commitment from Orion Infrastructure Capital and signed a multi-year agreement for the supply of wafers. This marks the first step in rebuilding solar cell manufacturing in the US, following the passage of the Inflation Reduction Act which has spurred numerous solar manufacturing announcements.

Will Suniva's Expansion Create US Solar Jobs?

• Suniva's expansion could create up to 240 full-time jobs and provide an estimated annual manufacturing capacity of up to 2.5 GW.
• The company has secured a USD 110 million financing commitment from Orion Infrastructure Capital that will help to fund the expansion.
• The Inflation Reduction Act has been credited with inspiring further solar manufacturing announcements in the US.
• The expansion will be the first step in rebuilding solar cell manufacturing in the US.
• Suniva's new manufacturing capacity will help to make solar energy more accessible and cost-efficient, enabling the US to become more competitive in the global solar market.