Philadelphia Solar panels to begin US manufacturing through JV with Translucent Energy

SourceSolar Power World
Date Published11/14/2022
Author NameKelly Pickerel

Additional Reshoring Information:

Company/Division name Philadelphia Solar
Parent companyTranslucent Energy
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Country(ies) from which reshored:Jordan,Thailand
City reshored to:To be determined in December
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSolar panels
What non-domestic negative factors made offshoring less attractive?Difficulty of innovation/product differentiation, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Lead time/Time to market, Manufacturing/engineering joint innovation (R&D), Proximity to customers/market, Raw Materials Cost, Comparative advantage of suppliers
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