SEG Photo voltaic plans to arrange a photo voltaic module manufacturing plant within the US state of Texas with an annual capability of greater than 2GW.
Slated to start building by the tip of this 12 months and be totally operational by mid-2023, the power can have three manufacturing traces able to producing n-type TOPCon modules with 182mm or 210mm photo voltaic cells.
The event of the manufacturing unit is the subsequent step in SEG’s product localisation technique, designed to raised serve prospects within the US, in accordance with the corporate.
Jim Wooden, CEO at SEG, mentioned the institution of the plant now is smart resulting from incentives for photo voltaic manufacturing included within the US’s just lately handed Inflation Discount Act (IRA) and the nation’s present legislative local weather.
He added that the plant will give the producer extra management over the provision chain whereas additionally simplifying transportation logistics.
With plans to supply elements and supplies from US suppliers, SEG anticipates that modules manufactured on the facility will qualify for home content material incentives and keep away from or considerably scale back most of the tariffs and different restrictions dealing with producers primarily based overseas.
Texas-based SEG mentioned it expects the plant to create as much as 500 new jobs within the Houston space.
Because the IRA was signed into legislation final month, there was a spike in bulletins by module producers aiming to reap the benefits of incentives included within the invoice.
Skinny-film module producer Toledo Photo voltaic revealed earlier this week it would ramp up manufacturing to 2.8GW of capability by 2027 in response to “surging demand for photo voltaic merchandise”, whereas First Photo voltaic will make investments as much as US$1.2 billion to develop its manufacturing operations within the US.
Switzerland-headquartered heterojunction cell and module producer Meyer Burger, in the meantime, is aiming to achieve 1.5GW of module manufacturing at its facility in Arizona in 2024.
