Advertising

Ebon Solar invests $942 million in new solar plant in New Mexico

Ebon Solar announces a USD 942 million investment in a solar plant in Albuquerque, to boost its production capacity and create 900 jobs as part of the US energy transition.

Please share:

Ebon Solar LLC, a US company specializing in the manufacture of solar cells, has chosen Albuquerque, New Mexico, as the location for its new production plant.
With a total investment of 942 million USD, this decision is part of a strategy to strengthen solar energy production capacity on American soil.
The site, planned to cover some 77,500 square meters, will be located in the Mesa del Sol industrial zone, a strategic location benefiting from abundant solar resources and local policies favorable to renewable energies.
This location represents a major challenge not only for Ebon Solar, which is seeking to diversify its production capacities and meet growing demand for renewable energy, but also for the local economy of New Mexico.
The creation of over 900 jobs, mainly in manufacturing and engineering, strengthens the region’s industrial fabric and supports the overall goal of the U.S. energy transition.

Context and regional support

The choice of New Mexico for this new plant was no accident.
The support of the local authorities, notably through the Albuquerque Regional Economic Alliance (AREA), was decisive.
AREA played a crucial role in evaluating the market and selecting the site, thus facilitating the company’s establishment.
This collaboration illustrates the shared determination of local players to transform the region into a hub for renewable energies.
The Albuquerque plant is also in line with the sustainability objectives of PNM, New Mexico’s main electric utility.
PNM, which is striving to reduce its carbon footprint, sees this project as an opportunity to accelerate the state’s energy transition by integrating more solar power into its energy mix.

Outlook for the energy sector

Ebon Solar intends to make this new plant a model of innovation in the renewable energy sector.
By focusing on advanced solar cell manufacturing technologies, the company aims not only to meet current demand, but also to anticipate future clean energy needs.
This massive investment is also a strong signal to other players in the sector, indicating that the United States, and New Mexico in particular, are propitious territories for industrial development linked to renewable energies.
Ebon Solar’s installation in Albuquerque marks a key step in the dynamic energy transition in the United States. By increasing its production capacity on American soil, Ebon Solar is helping to reduce dependence on imported solar technologies, while supporting the creation of skilled local jobs.
The Albuquerque plant’s increased production capacity could also have an impact on the global renewable energy market.
By increasing the supply of U.S.-made solar cells, Ebon Solar could influence prices and accelerate the adoption of solar energy, both domestically and internationally.

Register free of charge for uninterrupted access.

popular articles

Advertising

Recently published in

NamPower joins forces with China Jiangxi International and Chint New Energy to build a 100 MW solar power plant in Namibia, financed mainly by the KfW bank.
Staffordshire Moorlands District Council approves the extension of Innova's Blythe Solar Farm, adding 16.6 MW of solar capacity and strengthening the regional energy infrastructure.
Staffordshire Moorlands District Council approves the extension of Innova's Blythe Solar Farm, adding 16.6 MW of solar capacity and strengthening the regional energy infrastructure.
The UK approves Cottam's 600 MW solar project, including battery storage, signalling a step forward in its energy strategy.
The UK approves Cottam's 600 MW solar project, including battery storage, signalling a step forward in its energy strategy.
Huasun Energy supplied 1.8 GW of HJT solar modules in three months for China Green Development Investment Group's 4 GW project in Ruoqiang, Xinjiang, China.
Huasun Energy supplied 1.8 GW of HJT solar modules in three months for China Green Development Investment Group's 4 GW project in Ruoqiang, Xinjiang, China.
Bluefield Solar sells 50% of a 112 MW solar portfolio to GLIL Infrastructure for £70 million. This transaction is part of a broader strategy to reduce debt and finance new production capacity.
Voltalia wins an engineering and construction contract with Ørsted for a 128-megawatt solar power plant in Ireland, strengthening its position in the Irish energy market.
Voltalia wins an engineering and construction contract with Ørsted for a 128-megawatt solar power plant in Ireland, strengthening its position in the Irish energy market.
EnBW wins seven solar farm projects totalling 184 MW in the Bundesnetzagentur's open call for tenders, strengthening its position in the German solar market.
EnBW wins seven solar farm projects totalling 184 MW in the Bundesnetzagentur's open call for tenders, strengthening its position in the German solar market.
Q ENERGY finalizes EUR 50.4 million financing for "Les Ilots Blandin", a floating solar power plant in France, with the support of Crédit Agricole Transitions & Energies and Bpifrance.
Q ENERGY finalizes EUR 50.4 million financing for "Les Ilots Blandin", a floating solar power plant in France, with the support of Crédit Agricole Transitions & Energies and Bpifrance.
Enfinity Global finalizes €189.6 million financing for the construction of eight solar power plants totaling 157 MW in Italy, backed by BayernLB, ING and Rabobank.
Canadian Solar and SOLARCYCLE join forces to integrate solar panel recycling into their U.S. supply chain, strengthening end-of-life materials management.
Canadian Solar and SOLARCYCLE join forces to integrate solar panel recycling into their U.S. supply chain, strengthening end-of-life materials management.
Astronergy supplies 1 GW of solar modules to Algeria, supporting the development of 2,000 MW of photovoltaic power plants as part of the country's energy strategy.
Astronergy supplies 1 GW of solar modules to Algeria, supporting the development of 2,000 MW of photovoltaic power plants as part of the country's energy strategy.
TotalEnergies and Adani Green Energy Limited announce a joint venture to develop a 1.575 GW portfolio of solar projects in Gujarat, strengthening their cooperation in the Indian energy sector.
TotalEnergies and Adani Green Energy Limited announce a joint venture to develop a 1.575 GW portfolio of solar projects in Gujarat, strengthening their cooperation in the Indian energy sector.
The Terr'arbouts project, aimed at deploying 200 hectares of photovoltaic panels on farmland in the Landes region, has been approved by the authorities.
QatarEnergy announces a 2,000 MW solar project in Dukhan, aimed at doubling the country's solar capacity, as part of its diversified energy strategy.
QatarEnergy announces a 2,000 MW solar project in Dukhan, aimed at doubling the country's solar capacity, as part of its diversified energy strategy.
BloombergNEF forecasts 592 GW of solar installations by 2024, marking 33% growth. However, overcapacity and low prices are creating pressure on the supply chain.
BloombergNEF forecasts 592 GW of solar installations by 2024, marking 33% growth. However, overcapacity and low prices are creating pressure on the supply chain.
Dynamic Energy installs a 907 kW solar power plant at Cooper-Booth Wholesale in Pennsylvania. The project aims to generate 1.17 GWh of electricity per year, reducing the company's energy costs and carbon footprint.
Dynamic Energy installs a 907 kW solar power plant at Cooper-Booth Wholesale in Pennsylvania. The project aims to generate 1.17 GWh of electricity per year, reducing the company's energy costs and carbon footprint.
Sungrow reported sales growth of 8.38% in the first half of 2024, driven by strong performances in the photovoltaic inverter and energy storage system segments.
Sunsure Energy begins supplying solar energy to Sandoz's Navi Mumbai plant, enabling an 11% reduction in the company's CO2 emissions. This operation is part of a Power Purchase Agreement.
Sunsure Energy begins supplying solar energy to Sandoz's Navi Mumbai plant, enabling an 11% reduction in the company's CO2 emissions. This operation is part of a Power Purchase Agreement.
Air Products San Fu and Tatung Forever Energy sign ten-year solar power supply agreement to reduce CO2 emissions in Taiwanese industry.
Air Products San Fu and Tatung Forever Energy sign ten-year solar power supply agreement to reduce CO2 emissions in Taiwanese industry.
Power Sustainable is investing in 50% of the Desert Quartzite project in California, a strategic 300 MW project coupled with 150 MW of storage to meet growing demand for renewable energy.
Power Sustainable is investing in 50% of the Desert Quartzite project in California, a strategic 300 MW project coupled with 150 MW of storage to meet growing demand for renewable energy.
GameChange Solar signs a contract to supply solar trackers for a 750 MW project at Khavda Solar Park, strengthening its position in the Indian market.
Enfinity Global finances 1.5 GW of solar projects in Italy with an investment of 500 million euros, confirming its development strategy in the European energy market.
Enfinity Global finances 1.5 GW of solar projects in Italy with an investment of 500 million euros, confirming its development strategy in the European energy market.
DTEK, via DRI, announces the construction of a 60 MW solar farm in Romania, consolidating its position in the Romanian energy market.
DTEK, via DRI, announces the construction of a 60 MW solar farm in Romania, consolidating its position in the Romanian energy market.
Arevon begins construction of a 192 MW solar project in Pike County, Indiana, contributing to the regional energy infrastructure and bringing local economic benefits.
Arevon begins construction of a 192 MW solar project in Pike County, Indiana, contributing to the regional energy infrastructure and bringing local economic benefits.

Welcome

Your subscription

Included in this subscription: