Many companies have been dreaming about the US future, which is having solar manufacturing here, and it is upon us.
Many companies have been dreaming about the US future, which is having solar manufacturing here, and it is upon us. I only have one point: most money has little to do with US companies or individuals investing. The investments made are by combinations of Asian countries that are already investing in solar manufacturing.
Why is there little US investment in solar PV manufacturing? One reason may be that American companies have not manufactured solar panels for over 15 years. Yes, companies like Auxin Solar have produced modules in the US for over 15 years, but only in minimal quantities compared to the market.
Last week, New Mexico Gov. Michelle Lujan Grisham announced that Ebon Solar would establish silicon solar cell manufacturing operations in Albuquerque’s Mesa del Sol industrial development area, where Maxeon plans to start its operations.
Ebon Solar, a division of Singapore-based blockchain and Fintech company Ebang International, will invest $942 million into greenfield development in Albuquerque. The 834,000-square-foot site will create more than 900 jobs.
Ebang says it has “strong application-specific integrated circuit (ASIC) chip design capability” and will leverage that into solar cell development. At Unicorn Solar, we consider this important for the innovative growth of the solar industry.
“Ebon Solar is proud to be an innovator in technologies that support renewable energy,” said Ebon Solar CEO Judy Cai. “The choice of Albuquerque for our investment aligns with our commitment to sustainable innovation, and New Mexico offers abundant solar resources, favorable renewable energy policies, and a dedicated, skilled workforce.”
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