The 300,000 sq ft factory in Dalton, Georgia has the capacity to produce 12,000 PV modules per day – 1.7 GW worth annually for panels able to produce the same peak generating capacity as the Hoover Dam.
The solar-plus-storage combination is super-charging the deployment of batteries across the country and IHS Markit says the U.S. will become the largest market for grid-tied energy storage this year.
The thin film PV maker reported solid year-end 2018 results, with future bookings extending out four years and the fourth of five Series 6 factories already online.
The 1.2 GW factory will employ 500 workers. The new facility is expected to bring First Solar’s total capacity to 7.6 GW by the end of 2020.
First Solar brought in a net profit on the sale of a major solar project, as it orders tools and prepares for the switch to its large-format series 6.
German technology group Heraeus and U.S. company Materion Advanced Materials have announced the completion of the latter’s acquisition of the target materials business belonging to Heraeus.
The company took a significant hit in its Q4 results due to restructuring and impairments, as it shuts down lines and orders tools for the transition to its Series 6 modules.
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