Canadian Solar, a solar technology company headquartered in Guelph, Ontario, has unveiled its plans to build a cutting-edge 5 GW Solar Photovoltaic (PV) cell production facility in Jeffersonville, Indiana. This significant investment underscores Canadian Solar’s commitment to advancing clean energy solutions in the United States.
Manufacturing Plant: Canadian Solar is embarking on the construction of a solar PV cell manufacturing plant with an annual output capacity of 5 GW. This substantial capacity is equivalent to producing around 20,000 high-power modules every day. The Jeffersonville facility is set to represent an estimated investment of over $800 million and will play a pivotal role in fostering the green economy in the region.
High-Tech Job Creation: Once production reaches full capacity, the Jeffersonville facility is expected to generate approximately 1,200 skilled high-tech jobs, further enhancing the local workforce and contributing to the economic growth of the area. The solar cells manufactured at this facility will be supplied to the previously announced 5 GW module assembly plant located in Mesquite, Texas.
Production Commencement in 2025: Production operations at the Jeffersonville facility are slated to begin by the end of 2025, marking a significant step in advancing the adoption of solar energy solutions in the United States.
Indiana’s Role in the Energy Transition: Indiana’s strong presence in advanced manufacturing positions the state to play a pivotal role in the global energy transition.
Strategic Long-Term Investment: Thomas Koerner, Senior Vice President of Canadian Solar, highlighted the significance of this project, stating, “This is the second of the anticipated long-term investments we expect to make in the U.S. as we think strategically about a local, sustainable, and clean energy supply chain and to fulfill the long-term requirements of the local-content rules of the recently established Infrastructure and Resilience Act (IRA).”
Canadian Solar’s ambitious venture in Jeffersonville, Indiana, underlines its commitment to supporting the clean energy sector and establishing a robust local supply chain for sustainable energy solutions. This initiative is poised to drive economic growth and job creation while contributing to the broader adoption of renewable energy in the United States.