SEG Solar Acquires 2 GW Solar Module Facility in Texas

Highlights :

  • SEG Solar will produce both TOPCON and high-efficiency N type PV modules with 182mm and 210mm solar cells in Texas facility.
  • The company’s production at the Houston facility is expected to begin in the first quarter of 2024.
SEG Solar Acquires 2 GW Solar Module Facility in Texas

California headquartered SEG Solar (SEG) has announced that it has closed on the acquisition of a manufacturing facility in Houston, Texas, USA. As per SEG Solar, this facility is capable of producing more than 2 GW of photovoltaic (PV) modules annually.

SEG Solar said that the plant consists of approximately 145,000 square feet of manufacturing and warehouse space and 16,000 square feet of office space. The facility will be equipped with three production lines that will allow SEG to produce both TOPCON and high-efficiency N type PV modules with 182mm and 210mm solar cells.

SEG Solar also intends to source some components for the modules produced at the factory from local suppliers. The production at the Houston facility of SEG Solar is expected to begin in the first quarter of 2024.

The aggregate total investment of SEG Solar in the facility is expected to reach over 60 million US dollars including equipment and facility improvements. SEG Solar will begin to move its global headquarters and administrative support functions to the facility before the end of 2023. The plant is expected to create as many as 500 new jobs in the local Houston area.

“SEG is excited to establish a manufacturing base in Texas and is looking forward to serving the US market with more domestic production,” said Michael Eden, VP and CLO, SEG Solar. “This facility will help to sustain low carbon, eco centric energy independence in the US for future generations.”

Founded in 2016, SEG is committed to providing cost-effective and reliable solar energy solutions in the US market. By the end of 2024, SEG is expected to ship more than 2GW of PV modules annually.

Rapid expansion of renewable energy in the USA is taking place due to the Inflation Reduction Act or Biden measures.

American solar manufacturer CubicPV recently announced its plans to establish 10 GW of conventional mono wafer capacity in the US. Similarly, PV Hardware (PVH) will set up a large manufacturing unit in Texas to localise its products to supply for projects across North America and the capacity of the new facility is expected to be 6 GW.

JA Solar too has leased space for its first manufacturing facility in the US in Phoenix of Arizona. 2 GW once it is fully functional. First Solar is coming up with a 2GW facility in Arizona.

"Want to be featured here or have news to share? Write to info[at]saurenergy.com
      SUBSCRIBE NEWS LETTER
Scroll