Tuesday, July 23, 2024

NorSun invests $620 million to construct photo voltaic wafer manufacturing plant in Oklahoma 

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NorSun introduced plans to construct its first US facility in Tulsa, Oklahoma. The Norwegian photo voltaic vitality firm will make investments $620 million within the undertaking, creating 320 new jobs within the course of. According to NorSun, the manufacturing unit will produce 5 GW of silicon ingots and photo voltaic wafers and can assist meet elevated demand from US photo voltaic cell and panel producers. Construction is predicted to start in 2024, with manufacturing starting in 2026.

What individuals are saying

In a latest quote, NorSun CEO Erik Løkke-Øwre mentioned, “Our marketing strategy has an bold timeline, so we knew we would have liked a accomplice who might work shortly and effectively to fulfill the important want for American-made vitality. We are impressed of Oklahoma even earlier than our choice journey – its robust clear vitality, manufacturing ecosystem and workforce improvement packages had been already on our radar, and its aggressive enterprise choices and choices dashing up the positioning strengthens our resolution.

governor Kevin Stitt added, “I’m proud to welcome NorSun to Oklahoma, and I’m thrilled that Oklahomans will profit from tons of of latest jobs within the Tulsa space and a $620 million capital funding. Our pro-growth insurance policies, workforce improvement efforts, and ‘greater than anything’ method to vitality make us an unbelievable state to put money into, and I’m excited for NorSun to be part of it.

Manufacturers investing in Oklahoma

GF Central Plastics has begun development on a $30 million manufacturing plant in Oklahoma
If obtainable, the brand new facility will home GF Central Plastics’ gasoline meter manufacturing division.

Canoo receives $113 million in incentives to open automobile manufacturing vegetation in Oklahoma
As a part of the settlement, Canoo will obtain funds from the Quality Jobs program and Quick Action Closing Fund, in addition to coaching help.

ABB consolidates instrument manufacturing and expands Oklahoma facility
As a part of the consolidation, ABB will shut the instrument manufacturing unit in Warminster, Pennsylvania by 2025.

Learn extra about photo voltaic vitality

Here Comes the Sun: Manufacturers Share Their Solar Power Journeys
How Hormel Foods and RA Jones are optimizing their vegetation to fulfill ESG objectives and help renewable vitality.

The ‘Hyper-Complex’ Risk Environment of the Electric Grid
Insiders are conscious of the declining reliability of our electrical grid. But you need to know why “grid down” occasions have gotten extra seemingly, and the way to keep away from – and even profit from them.

Microgrids Can Provide Short-Term Fixes for America’s Broken Energy System
A nationwide Smart Grid is at the very least a decade away.

Investing in American manufacturing by 2024

This map exhibits the place producers select to speculate their sources, whether or not they’re constructing new manufacturing amenities or increasing current vegetation.



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