Mission Photo voltaic Vitality, one of many longest operating photo voltaic panel producers in america, will quickly even be making photo voltaic cells, after its dad or mum firm OCI Holdings introduced new manufacturing plans.
OCI TerraSus polysilicon processing
OCI will make investments $265 million into the positioning, which ought to start industrial manufacturing in 2026. The manufacturing facility may have an annual capability of 1 GW with room to develop to 2 GW. OCI will provide the polysilicon from its Malaysia subsidiary OCI TerraSus. No official particulars have been launched on the wafer producer.
“The institution of this new photo voltaic cell subsidiary marks the beginning of U.S.-produced photo voltaic cells made with OCI TerraSus’ polysilicon inside a clear provide chain. This cost-efficient and expedited mission would be the basis for additional strengthening our photo voltaic worth chain within the U.S.,” stated Lee Woo-hyun, Chairman of OCI Holdings.
OCI Holdings had acknowledged in its 2024 monetary outcomes that it was contemplating getting into a three way partnership to construct out an American photo voltaic provide chain, however President Trump’s accelerated tariff insurance policies pushed OCI to ascertain a brand new subsidiary to strengthen its competitiveness within the U.S. market.
The one different particulars in regards to the cell manufacturing outfit is that it is going to be “at Mission Photo voltaic Vitality,” which at present has a manufacturing facility in San Antonio, Texas. Mission Photo voltaic has a panel manufacturing capability of about 500 MW yearly, in keeping with OCI. The corporate meant to increase its capacity to 1 GW yearly, however it seems those expansion plans have been placed on maintain. As a substitute, a 200,000-ft2 warehouse was constructed on the property, and it seems the house will now home cell and module manufacturing.
“As our nation experiences a resurgence in American manufacturing, we’re increasing our capabilities to ship totally home photo voltaic options,” stated Sam Martens, President of Mission Photo voltaic Vitality. “Bringing photo voltaic cell manufacturing to our facility underscores our dedication to U.S. manufacturing, job creation, and a clear, moral provide chain.”
Mission Photo voltaic has largely equipped panels to the residential market in america however started making large-format bifacial modules final summer season.
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