First Solar to Bolster U.S. Manufacturing Capacity With South Carolina Plant

Dow Jones11-14

By Connor Hart

First Solar will invest about $330 million to build a manufacturing facility in Gaffney, S.C., as the company aims to expand its production capacity in the U.S.

The solar-energy company said Friday that the new plant is slated to begin commercial operations in the second half of 2026. The facility is expected to add over 600 jobs with an average manufacturing salary of $74,000 a year, it said.

The investment was driven in part by President Trump's "one big, beautiful bill," which has increased demand for domestically produced energy technology, Chief Executive Mark Widmar said.

"We expect that this new facility will enable us to serve the U.S. market with technology that is compliant with the Act's stringent provisions, within timelines that align with our customers' objectives," he added.

First Solar said the new facility is expected to increase its capacity to produce American-made solar technology by 3.7 gigawatts, reaching 17.7 gigawatts of annual nameplate capacity in 2027. The plant adds to the Tempe, Ariz., company's existing domestic footprint, which includes three manufacturing facilities in Ohio, one each in Alabama and Louisiana, and research-and-development centers in Ohio and California.

Shares were down 4.4% to 245.32 in premarket trading.

Write to Connor Hart at connor.hart@wsj.com

(END) Dow Jones Newswires

November 14, 2025 09:10 ET (14:10 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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