“Indiana to Welcome $800M Solar Cell Production Facility”

"Indiana to Welcome $800M Solar Cell Production Facility"

Indiana is set to receive a new large-scale cell production plant as the region experiences a surge in energy and solar manufacturing. Canadian Solar, a leading provider of solar energy and storage solutions, is constructing an advanced solar photovoltaic (PV) cell manufacturing facility in Jeffersonville.

This state-of-the-art plant represents an investment of over $800 million and will generate 1,200 high-tech jobs once it reaches full production capacity. Governor Eric Holcomb stated that Indiana’s robust advanced manufacturing industry positions the state to play a key role in the global shift towards renewable energy sources such as batteries, solar power, and hydrogen.

The upcoming facility will produce cells for use at another recently announced 5 GW module assembly plant located in Mesquite, Texas. Production at the Jeffersonville site is expected to commence by late 2025.

The article “$800M Solar Cell Production Facility Planned for Indiana” was originally published on Connect CRE.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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