You are currently viewing First Solar says it will spend up to $1.2 billion to expand U.S. production.

First Solar, a big solar panel manufacturer, said on Tuesday that it would invest up to $1.2 billion to build its fourth factory in the United States, in large part because Congress this month passed a major energy and climate bill that expands incentives for renewable energy.

The company, which is based in Tempe, Ariz., will build the factory somewhere in the Southeast, its first one outside Ohio. The new plant would produce almost as much power-generating capacity on an annual basis as the total capacity put to use at solar farms and rooftops in the first three months of the year nationwide.

First Solar said it would also expand its three Ohio factories to help meet growing demand for the company’s panels, which use a thin film material rather than the crystalline silicon used in most panels. The company said it would create nearly 1,000 jobs between its new and existing

Keep reading this article on The New York Times Energy & Environment.

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