Canadian Solar announce new 5 GW solar production facility, Indiana

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Canadian Solar has announced the construction of a 5 GW solar PV cell production facility in Jeffersonville, Indiana. Located at the River Ridge commerce centre, the state-of-the-art plant will produce approximately 20,000 high-power modules each day. Canadian Solar will use the solar cells produced at the previously announced 5 GW assembly plant in Mesquite, Texas.

The Jeffersonville facility represents a projected investment of more than $800 million. Additionally, it will create approximately 1,200 skilled high-tech jobs once production is fully ramped up. Production at the Jeffersonville facility is expected to begin by the end of 2025.

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United States Senator Mike Braun stated, “Indiana is a proud leader both in the Midwest and the country in manufacturing and innovation. I’m pleased to know that this new solar manufacturing facility opening in Jeffersonville will create many new jobs for Hoosiers and stimulate the local economy.”

“Indiana’s strong advanced manufacturing sector positions the state to help lead the global energy transition, developing and powering new solutions in batteries, solar and hydrogen,” said Governor Eric Holcomb. “Canadian Solar’s new U.S. location in Jeffersonville will put our skilled Hoosier workforce at the center of cultivating solar power. This will make energy efficient panels more accessible to consumers across the country.”

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.”

More on Canadian Solar

Canadian Solar was founded in 2001 in Canada and has been listed on NASDAQ since 2016. It is now one of the world’s largest solar technology and renewable energy companies. Canadian Solar is a leading manufacturer of solar photovoltaic modules. They provide solar energy and battery storage solutions. Furthermore, they develop utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development.