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Italy’s Enel to invest more than $1 bln in Oklahoma solar panel factory

Nichola Groom of Reuters reports that Enel is investing more than $1 billion into building a solar panel factory in Oklahoma.

The C3 Take
  • The factory will be built in Inola, Oklahoma and will employ over 1,000 people by 2025.
  • Enel’s Oklahoma facility will produce 3 gigawatts of solar products annually, with its first panels hitting the market in 2024.
  • Once construction is completed, this will one of the largest solar facilities in the U.S., and one of the only produce silicon-based solar cells on a large scale.

“Enel’s U.S. manufacturing arm, 3Sun USA LLC, selected the 300-acre site in Oklahoma because it has water and power utilities and a workforce in the region that can immediately support its large factory.”

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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