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The US’s largest solar panel maker is making a big impact on the US economy – in numbers

Baua Electric

First Solar (Nasdaq: FSLR) today released an economic study revealing the substantial impact of its US solar manufacturing operations. By then, the company plans to ramp up its production to a whopping 14 gigawatts (GW) of solar capacity across Alabama, Louisiana, and Ohio. First Solar added $2.75 billion in value and $5.32

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The US’s largest solar panel maker is taking over a Peloton factory

Baua Electric

First Solar is preparing to expand its Ohio capacity by almost 1 GW in 2024, so it acquired Peloton Output Park as a logistics and distribution hub to handle its manufacturing growth. First Solar is investing over $2 billion in new factories in Alabama and Louisiana. Get started here. –ad*

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The US now has 1 DC fast charging station for every 15 gas stations

Baua Electric

Bloomberg also points out that it’s not just a bicoastal rollout (and note that the following are all red states): Indiana, for example, switched on 16 new fast-charging stations between January and April. Missouri and Tennessee each cut the ribbon on 13 new stations, while Alabama got 11 new places to plug in.

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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

Tempe, Arizona-based First Solar’s sixth operational factory expands the company’s global manufacturing footprint to four countries, including the US, Malaysia, and Vietnam. billion manufacturing expansion strategy that has seen it grow from approximately 6 GW operational in 2020 to over 16 GW global nameplate capacity at the end of 2023.

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Feature: The Genesis Experience

Clean Fleet Report

The Hyundai Motor Group has made a $10 billion investment to build and sell electric vehicles in North America; the first is the 2023 Electrified GV70 built at the new manufacturing facility in Montgomery, Alabama. An Electrified Future Genesis recently invited automotive journalists to experience Son-Nim in multiple ways.

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Hyundai CEO Jose Muñoz says consumers would pay for a richer combine

Baua Electric

They’re extra challenging, they’re extra affected person, and they’re extra savvy. It’ll be in operation in 2025, and it’s going to offer us extra manufacturing. Now that manufacturing is going back on customary, will Hyundai step up its fleet industry? It was once an overly unhappy condition.

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First drive in the 2023 Genesis Electrified GV70: A beauty of an EV… just not for long trips

Baua Electric

Following its debut, we reported that Hyundai Motor Group, parent company of Genesis, was planning to begin US EV production with hopes that the government would pass a subsidy bill to support local manufacturing. FTC: We use income earning auto affiliate links.

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