CS PowerTech Launches First Phase of Solar Cell Manufacturing Plant in Indiana
CS PowerTech, the US-based manufacturing subsidiary of Canadian Solar (TSE: CSIQ), has opened the first phase of its photovoltaic cell production facility in Jeffersonville, Indiana. The plant is designed to produce heterojunction bifacial N-type solar cells and marks a significant step toward building domestic supply chains for advanced solar technology in the United States. The facility could eventually reach an annual capacity of over 6GWp and create more than 1,200 skilled jobs locally. With nearly $1 billion invested in the project, it complements CS PowerTech's module manufacturing plant in Mesquite, Texas, as part of a broader integrated supply strategy for US customers. CS PowerTech aims to scale up production over the coming months and begin construction on an expansion phase by year-end.
Tickers: $CSIQ