- SPI Energy plans to produce the first wafers at the new facility by the end of 2023.
- SPI Energy intends to invest $65.9 million in the facility, creating 300 new jobs.
SPI Energy plans to bring wafer manufacturing to South Carolina whilst looking to cash in on the growing demand for American-made solar products.
Through its wholly-owned subsidiaries SEM Wafertech and Solar4America, SPI Energy intends to invest $65.9 million in Sumter County manufacturing facility that will create 300 new jobs, the company said. The site is east of the Palmetto State’s capitol, Columbia.
SPI Energy plans to produce the first wafers at the new facility by the end of 2023, with production capacity ramping to 3GW by 2024.
“As a global renewable energy company making American-made solar wafers and modules, we recognize the importance of having a strong domestic supply chain to meet the fast-growing demand for affordable solar power,” said Denton Peng, chairman of SEM Wafertech and Solar4America. “We plan to bring the highest-quality domestically produced solar wafers and modules to market, enhancing our nation’s manufacturing capabilities with a long-term investment that will create good paying jobs for South Carolina.”