Recently, First Solar revealed plans to open its fifth factory in the United States to meet the strong demand for solar modules in the United States. The new factory is expected to increase its annual production capacity by 3.5GW at a cost of 1.1 billion US dollars. The project site has not been determined yet, and production is currently planned to begin in 2026. The domestic manufacturing incentive measures formulated by the U.S. Inflation Reduction Act and the increasing emphasis on renewable energy in the procurement plans of utilities and enterprises still demand Made in USA made solar modules. It is reported that First Solar has a backlog of over 78GW of orders.
