Canadian Solar Invests $800M for 5 GW Solar PV Cell Production Facility in Indiana

Ontario-based Canadian Solar is developing a state-of-the-art solar photovoltaic (PV) cell production facility with an annual capacity of 5 GW, equivalent to approximately 20,000 high-power modules per day, at the River Ridge Commerce Center in Jeffersonville, Indiana.

"Indiana's strong advanced manufacturing sector positions the state to help lead the global energy transition, developing and powering new solutions in batteries, solar, and hydrogen," said Governor Eric Holcomb. "Canadian Solar's new U.S. location in Jeffersonville will put our skilled Hoosier workforce at the center of cultivating solar power, making energy-efficient panels more accessible to consumers across the country."

The company has invested more than $800 million in the facility, which will create about 1,200 skilled high-tech jobs once operational. The plant is expected to commence production by the end of 2025, and the solar cells produced at this facility will be used at the 5 GW module assembly plant in Mesquite, Texas.

"Not only is Canadian Solar making a large financial investment into our community, but they will also become one of the largest single-site employers in the Greater Louisville region,” said Jeffersonville Mayor Mike Moore. “When in full production, their total employment base will include over 150 engineers at this facility."

"Establishing this factory is a key milestone that will enable us to better serve our U.S. customers with the most advanced technology in the industry,” said Thomas Koerner, Senior Vice President of Canadian Solar. “This is the second of the anticipated long-term investments we expect to make in the U.S. as we think strategically about a local, sustainable, and clean energy supply chain and to fulfill the long-term requirements of the local-content rules of the recently established IRA.”