Canadian Solar invests $800 million to build solar PV cell facility in Indiana

Canadian Solar Inc. has announced plans to build a solar PV cell production facility in Jeffersonville, Indiana. The plant will have an annual output of 5 GW which is about 20,000 high-power modules per day. The company will invest $800 million into the project, generating 1,200 new jobs in the process. Production at the new facility is expected to begin in 2025.

In a recent quote, Thomas Koerner, Senior Vice President of Canadian Solar, said, "Establishing this factory is a key milestone that will enable us to better serve our U.S. customers with the most advanced technology in the industry. This is the second of the anticipated long-term investments we expect to make in the U.S. as we think strategically about a local, sustainable and clean energy supply chain and to fulfill the long-term requirements of the local-content rules of the recently established IRA. We thank the State of Indiana, Clark County, and the City of Jeffersonville for their critical support and look forward to working with them as we grow."

Investing in American Manufacturing - 2023

This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.