First Solar unveiled plans Wednesday to double its US manufacturing capability by building a new state-of-the-art factory in Ohio.
The $680 million investment by First Solar (FSLR), the only US-headquartered major manufacturer of solar panels, will be the company’s third factory in the Toledo area.
First Solar said it believes this will be the largest fully integrated solar manufacturing complex in the world — outside of China. It will be capable of making one solar module every 2.8 seconds. And it will primarily supply America’s booming market for clean energy.
“This investment really…