The growth is being driven by a U.S. policy push to boost domestic clean-energy manufacturing, by global supply chain risk, and by the total cost of ownership (TCO) equation.
ALBUQUERQUE—Singapore-based Maxeon Solar Technologies Ltd. is investing more than $1 billion to build a new 3-gigawatt (GW) solar panel assembly plant here, its first expansion into the United States.
MALTA, NY—Lockheed Martin and GlobalFoundries (GF) are collaborating to advance U.S. semiconductor manufacturing and innovation and to increase the security, reliability and resiliency of domestic supply chains for national security systems.
WASHINGTON—The U.S. Department of Energy (DOE) is partnering with the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to provide $10 billion in funding through the Qualifying Advanced Energy Project Credit (48C). The notice released June 5 allocates up to $4 billion to accelerate domestic clean energy manufacturing and ensure no community is left behind in the transition to clean energy technologies.
MONTERREY, Mexico—Luminar has opened a new highly automated, high-volume assembly plant here. The factory is dedicated to producing the company’s Iris automotive lidar sensors.
CARROLLTON, TX—Siemens has opened a new assembly plant here to produce chargers for electric vehicles. The company’s second EV charger manufacturing hub in the U.S., the factory will help the company meet its goal of producing 1 million EV chargers for the U.S. market.