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Enel to Build Massive Solar Panel Factory in U.S.

Phred Dvorak of The Wall Street Journal reports that Enel will build a massive solar panel factory in the U.S.

The C3 Take
  • The Italian utility company says that the planned factory will initially produce 3 gigawatts of solar panels, eventually ramping up to 6 gigawatts.
  • The facility will produce solar cells, a key part of the solar supply chain that doesn’t exist in the United States.
  • Although the location and cost of the facility hasn’t been announced, experts believe that the facility will cost more than $600 million.

“The factory will also manufacture solar cells, the building blocks for solar panels and a component not currently produced in the U.S., after the last few manufacturers went out of business or were priced out of the market by cheaper imports in recent years.”

Read the full article here.

The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.

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