SEG Photo voltaic (SEG) says it has acquired a manufacturing unit constructing in Houston, Texas, the place it plans to deal with 2 GW of photo voltaic module manufacturing. The California-based firm says the power will produce photo voltaic modules primarily based on n-type tunnel oxide passivated contact (TOPCon) cell know-how.

The corporate mentioned it plans to supply some components from native suppliers. Manufacturing is anticipated to start within the first quarter of 2024. The preliminary funding within the manufacturing unit will attain $60 million.

“This facility will assist maintain low-carbon, eco-centric power independence within the US for generations to come back,” mentioned SEG Vice President and Chief Authorized Officer Michael Eden.

SEG Photo voltaic at the moment manufactures photo voltaic panels in factories in Vietnam and Indonesia.

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