First Solar to Invest $1.2 Billion in U.S. Plants, Spurred by Climate Law

URLhttps://www.wsj.com/articles/first-solar-to-invest
SourceWall Street Journal
Date Published08/30/2022
Author NamePhred Dvorak
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name First Solar Inc
Parent companyFirst Solar Inc
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2025
Capital investment ($):1200
City reshored to:Tempe
State(s) reshored to:AZ
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredsolar panels
What domestic positive factors made reshoring more attractive?Government Incentives, Infrastructure, Image/brand, Proximity to customers/market, tax credits
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