Canadian Solar opens new solar cell factory in Indiana
Canadian Solar (CSIQ) has opened the first phase of its flagship photovoltaic (PV) cell manufacturing facility in Jeffersonville, Indiana. The company aims to strengthen U.S. solar manufacturing capabilities and meet growing domestic demand for clean energy solutions. The new plant is part of Canadian Solar's broader strategy to expand its presence in North America amid increasing government support for renewable energy infrastructure. By producing high-efficiency PV cells locally, the firm seeks to reduce supply chain risks and improve time-to-market for U.S.-based solar projects.
Tickers: $CSIQ
Topics: solar manufacturing U.S. supply chain