PR99792

HOUSTON, March 20, 2023 /PRNewswire=KYODO JBN/ --

SEG Solar (SEG) announced that it has closed on the acquisition of a

manufacturing facility in Houston, Texas, USA, capable of producing more than

2GW of photovoltaic (PV) modules annually.  

The plant consists of approximately 145,000 square feet of manufacturing and

warehouse space and 16,000 square feet of office space. The facility will be

equipped with three state-of-the-art production lines that will allow SEG to

produce both TOPCON and high-efficiency N type PV modules with 182mm or 210mm

solar cells. SEG intends to source some components for the modules produced at

the factory from local suppliers. Production at the facility is expected to

begin in Q1 2024.

SEG's aggregate total investment in the facility is expected to reach over 60

million US dollars including equipment and facility improvements. SEG will

begin to move its global headquarters and administrative support functions to

the facility before the end of 2023. The plant is expected to create as many as

500 new jobs in the local Houston area.

"SEG is excited to establish a manufacturing base in Texas and is looking

forward to serving the US market with more domestic production," said SEG's

Vice President and CLO Michael Eden. "This facility will help to sustain low

carbon, eco centric energy independence in the US for future generations. "

Founded in 2016, SEG is committed to providing cost-effective and reliable

solar energy solutions in the US market. By the end of 2024, SEG is expected to

ship more than 2GW of PV modules annually.

Original link: https://en.imsilkroad.com/p/333265.html

Source Xinhua Silk Road

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=439091

   Caption: Photo shows the SEG Solar's photovoltaic (PV) module manufacturing plant in

Texas, the United States