First Solar Inc., a leading global solar manufacturer, has recently announced its selection of the Acadiana Regional Airport in Iberia Parish, Louisiana, as the site for its fifth fully vertically integrated manufacturing facility in the United States. This significant investment, estimated to be up to $1.1 billion, marks a substantial boost to America’s photovoltaic (PV) solar module production capabilities. The facility, slated for completion in the first half of 2026, is expected to expand First Solar’s manufacturing capacity by 3.5 GW, achieving approximately 14 GW in the U.S. by 2026.

The choice to invest in Louisiana is projected to create more than 700 new direct manufacturing jobs in the state. First Solar, already recognized as the largest employer in the solar manufacturing sector in the country with over 2,500 employees, aims to employ over 4,000 individuals directly by 2026, further bolstering the local economy.

Louisiana Governor John Bel Edwards expressed his enthusiasm about the investment, stating, “This massive investment and the jobs it will create are a huge win for the people of Acadiana and the entire state.” He further highlighted how this venture exemplifies Louisiana’s commitment to diversifying and growing its economy through an ‘all-of-the-above’ energy approach.

Among the top ten solar manufacturers globally, First Solar stands out as the sole U.S.-headquartered company that does not manufacture in China. The company’s tellurium-based semiconductor, which relies on U.S. sources and avoids the dependency on Chinese crystalline silicon supply chains, sets it apart. This proprietary technology is now the second most commonly used photovoltaic technology worldwide.

According to Mark Widmar, CEO of First Solar, Louisiana’s ability to provide the necessary talent was a crucial factor behind their decision. He praised the state’s extensive workforce development programs and the presence of academic institutions such as the University of Louisiana at Lafayette, which boasts a world-class solar energy lab.

Widmar further emphasized their commitment to responsible solar manufacturing, mentioning that the Louisiana facility aims to uphold the same high standards observed at other First Solar facilities. These manufacturing sites are known for their cleanliness, safety, and diversity, setting industry benchmarks.

First Solar has been on an impressive manufacturing expansion trajectory, investing $4.1 billion since the beginning of this decade. Their global nameplate capacity has surged from around 6 GW in 2020 to the current operational capacity of 13 GW.

The new Louisiana facility will specifically produce First Solar’s Series 7 modules. These modules are expected to be manufactured using 100% U.S.-made components. Once the factory is fully operational, Series 7 modules are projected to constitute over two-thirds of First Solar’s annual domestic nameplate capacity. Notably, the Series 7 modules currently manufactured at the company’s Ohio facility already employ U.S.-made glass and steel.

The establishment of this significant manufacturing investment in Louisiana reinforces First Solar’s commitment to advancing the domestic solar industry while bolstering the region’s economy. With a focus on responsible practices and a unique technology advantage, First Solar continues to drive innovation and strengthen America’s position in the renewable energy sector.

Disclaimer: The information provided in this research report is for informational purposes only and should not be interpreted as financial or investment advice. The energy market is highly volatile, and readers should conduct thorough research before making any investment decisions.