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Arizona company adds $1B solar power parts plant in Alabama
By AP News - Nov 16, 2022, 04:29 PM ET
Last Updated - Jun 23, 2023, 01:34 PM EDT
Arizona-based First Solar Inc. has selected Alabama as the site of a more than $1 billion factory that will manufacture modules that generate solar power
MONTGOMERY, Ala. (AP) — Arizona-based First Solar Inc. has selected Alabama as the site of a more than $1 billion factory that will manufacture modules that generate solar power, the company announced Wednesday.
First Solar said in a statement that the plant, to be located in Lauderdale County in the Tennessee Valley region, will create more than 700 jobs.
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The factory is part of a previously announced plan to increase First Solar's U.S. manufacturing capacity to more than 10 gigawatts by 2025, the company said. It already has three factories in Ohio, one of which is expected to begin production next year.
First Solar describes itself as the only major solar manufacturer that has headquarters in the United States and is not making components in China. The project will bring the company's total investment in U.S. manufacturing to more than $4 billion, it said.
A bill signed by President Joe Biden in August will direct spending, tax credits and loans to bolster technology like solar panels; consumer efforts to improve home energy efficiency; emissions-reducing equipment for coal- and gas-powered power plants; and air pollution controls for farms, ports and low-income communities.
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