First Solar brings US manufacturing investment to $4B after selling out of panels through 2025

URLhttps://www.utilitydive.com/news/first-solar-billi
SourceUtility Dive
Date Published02/01/2023
Author NameDiana DiGangi
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name First Solar, Inc.
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2025
Capital investment ($):1300
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsolar
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?Lead time/Time to market
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