First Solar To Add Two New Fabs


First Solar Inc. says it plans to build two new four-line manufacturing plants that will boost the company's annual production capacity by nearly 500 MW.

The plants are expected to be built in the U.S. and Vietnam and be completed in 2012. Each new plant will create approximately 600 green jobs and will be designed to accommodate additional production capacity, First Solar notes. Negotiations and site assessments are ongoing in both countries and will be finalized and announced at a later date.

These two new plants, combined with other previously announced expansions, will nearly double the company's production capacity from 1.4 GW in 2010 to more than 2.7 GW in 2012, First Solar adds.

SOURCE: First Solar

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