PV Hardware to open 6 GW solar tracker factory in US

URLhttps://www.pv-magazine.com/2022/09/09/pv-hardware
Sourcepv magazine
Date Published09/09/2022
Author NameRYAN KENNEDY
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name PV Hardware
Parent companyPV Hardware Solutions
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2023
Country(ies) from which reshored:Spain
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshored6 GW solar tracker
What non-domestic negative factors made offshoring less attractive?Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Raw Materials Cost
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