Governor Michelle Lujan Grisham (D-NM) and photo voltaic cell producer Ebon Photo voltaic collectively introduced {that a} almost $1 billion photo voltaic cell manufacturing facility shall be in-built New Mexico.
Ebon Photo voltaic will make investments an estimated $942 million to construct an 834,000-square-foot photo voltaic cell manufacturing facility in Albuquerque’s Mesa del Sol industrial improvement space. The challenge will create over 900 new jobs. The Delaware-based firm is aiming to develop beginning-to-end superior manufacturing of photo voltaic cells.
Ebon Photo voltaic CEO Judy Cai mentioned:
The selection of Albuquerque for our funding aligns with our dedication to sustainable innovation, and New Mexico gives ample photo voltaic assets, favorable renewable power insurance policies, and a devoted, expert workforce.
These elements improve Ebon Photo voltaic’s capital funding and manufacturing capabilities and make the Metropolis of Albuquerque, Bernalillo County, and the State of New Mexico ultimate companions as we combine into the clear power market.
Ebon Photo voltaic has not but given a timeline for its photo voltaic cell manufacturing facility launch in New Mexico.
This newest announcement helps set up New Mexico as a quickly rising hub for photo voltaic cell manufacturing, following Maxeon Photo voltaic Applied sciences’ announcement in August 2023 that it might construct a $1 billion photo voltaic cell and panel manufacturing facility within the state – the most important within the US. Maxeon intends to interrupt floor within the second half of 2024.
New Mexico’s business-friendly surroundings and robust dedication to renewable power make it a gorgeous location for photo voltaic investments.
Electrek’s Take
Photo voltaic cells are fabricated from a polysilicon-based semiconductor materials. They’re then fitted into the photo voltaic panel to seize and convert the solar’s power into electrical energy.
Whereas an enormous variety of photo voltaic panel factories are opening within the US, there’s nonetheless a dearth of home provide of earlier levels of the availability chain – together with photo voltaic cells. So Ebon Photo voltaic’s manufacturing facility announcement is a welcome one and helps additional the Biden administration’s intention to ascertain a home photo voltaic provide chain.
Learn extra: Maxeon goes to open a 3 GW photo voltaic manufacturing facility in New Mexico
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