First Solar Acquires 1.2 Million sq ft Facility for Distribution Center in Ohio
First Solar has acquired a 1.2 million sq ft facility in Troy Township, Ohio, which will be repurposed into a distribution center to serve the company’s three manufacturing facilities in Ohio with a combined annual nameplate capacity of approximately 6 GW.
“As we prepare to expand our Ohio capacity by almost a gigawatt this year, there’s a need for our logistics and distribution capabilities to scale to match manufacturing growth,” said Mike Koralewski, Chief Supply Chain Officer of First Solar. “We intend to use this facility to ensure the efficient and timely shipping of modules to our customers, repurposing it into a dedicated distribution hub for the largest solar manufacturing footprint in the Western Hemisphere.”
The company intends to invest over $2 billion in new manufacturing facilities in Alabama and Louisiana and include 14 GW of fully vertically integrated US solar manufacturing capacity by 2026.
Additionally, First Solar is investing up to $370 million in an R&D innovation center in Perrysburg, Ohio, which is expected to be completed in 2024.
“In the long term, the flexible space that the facility affords us could also serve as a light-scale satellite manufacturing location with the potential to support our factories and R&D center in Ohio,” added Koralewski.