Ebon Solar invests $942M to open solar cell manufacturing facility in New Mexico
Ebon Solar has announced plans to open an 834,000-square-foot solar cell manufacturing facility in Albuquerque, New Mexico. The Delaware-based solar cell manufacturing company will invest $942 million into the project, creating over 900 new jobs for the surrounding area. The new plant will be used for developing beginning-to-end advanced solar cell manufacturing.
What people are saying
In a recent quote, Ebon Solar CEO Judy Cai said, “Ebon Solar is proud to be an innovator in technologies that support renewable energy. The choice of Albuquerque for our investment aligns with our commitment to sustainable innovation, and New Mexico offers abundant solar resources, favorable renewable energy policies, and a dedicated, skilled workforce. These factors enhance Ebon Solar’s capital investment and production capabilities and make the City of Albuquerque, Bernalillo County, and the State of New Mexico ideal partners as we integrate into the clean energy market.”
Governor Lujan Grisham added, “We have succeeded in making New Mexico a global center for advanced energy manufacturing. Ebon Solar joins other leading companies in embracing New Mexico’s commitment to renewable energy, its talented, dedicated workforce, and the opportunities we provide for job training and tuition-free college.”
Manufacturers investing in New Mexico
Rocket Lab receives $23.9 million from CHIPS Act to upgrade New Mexico facility
The company will also receive addition financial assistance and incentives from New Mexico totaling $25.5 million.
Array begins construction on $50 million solar manufacturing plant in New Mexico
The project will be supported by the Inflation Reduction Act’s production tax credit, as well as $2.5 million in economic assistance from the Local Economic Development Act (LEDA) job-creation fund.
Auto parts supplier spends $99 million to begin manufacturing in New Mexico
The new facility will be located on 30 acres of land, and construction is expected to begin in 2024.
Solar manufacturing in the news
U.S. invests $40M to strengthen the solar energy supply chain
The funding will be used to maximize the environmental benefit of solar energy technologies.
DYCM Power invests $800 million to build a solar cell and module manufacturing facility in the U.S.
While no site has been selected yet, the new facility will produce advanced TOPCon cells and assemble them into modules.
Nextracker and Unimacts partner to build a new factory in Nevada to support the solar industry
These two facilities, when operational, will support more than 2 GW of new solar power per year.
Investing in American manufacturing in 2024
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.