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New Mexico has just announced the opening of a nearly  billion solar cell factory

Governor Michelle Lujan Grisham (D-NM) and solar cell manufacturer Ebon Solar jointly announced plans to build a nearly $1 billion solar cell factory in New Mexico.

Ebon Solar will invest an estimated $942 million to build an 800,000-square-foot solar cell manufacturing facility in Albuquerque’s Mesa del Sol industrial park. The project will create over 900 new jobs. The Delaware-based company is committed to developing advanced solar cell manufacturing from start to finish.

Judy Cai, CEO of Ebon Solar, said:

Choosing Albuquerque as the location for our investment is consistent with our commitment to sustainable innovation. In addition, New Mexico offers abundant solar resources, favorable renewable energy policies and a dedicated, skilled workforce.

These factors increase Ebon Solar’s investment and production capabilities and make the City of Albuquerque, Bernalillo County and the State of New Mexico ideal partners as we integrate into the clean energy market.

Ebon Solar has not yet announced a timeline for opening its solar cell factory in New Mexico.

This latest announcement helps establish New Mexico as a fast-growing solar cell manufacturing hub, following Maxeon Solar Technologies’ August 2023 announcement that it would build a $1 billion solar cell and module factory in the state—the largest in the U.S. Maxeon intends to begin construction in the second half of 2024.

The business-friendly environment and strong commitment to renewable energy make New Mexico an attractive location for solar investments.

Electrek’s opinion

Solar cells are made of a polysilicon-based semiconductor material. They are built into the solar panel to capture solar energy and convert it into electricity.

While a large number of solar module factories are opening in the U.S., there is still a lack of domestic supply in the earlier stages of the supply chain – including solar cells. Therefore, Ebon Solar’s factory announcement is welcome news and supports the Biden administration’s goal of building a domestic solar supply chain.

Read more: Maxeon to open 3 GW solar factory in New Mexico


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By Bronte

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