Waaree to open 3-GW solar panel manufacturing factory in Texas in 2024

URLhttps://www.solarpowerworldonline.com/2023/12/waar
SourceSolar Power World
Date Published12/21/2023
Author NameKelly Pickerel

Additional Reshoring Information:

Company/Division name Waaree Solar America
Parent companyWaaree Energies
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1500
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):1000
Country(ies) from which reshored:India
City reshored to:Brookshire
State(s) reshored to:TX
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredSolar Panels and Cells
What domestic positive factors made reshoring more attractive?Govt. Policy and subsidies, Image/brand, Proximity to customers/market, Skilled workforce availability/training, IRA
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