Ontario-based Canadian Solar Inc. will build an $800 million solar panel factory in southeastern Indiana that will employ about 1,200 workers once production is fully ramped up, the company said Monday. Canadian Solar said it will build the new photovoltaic cell factory at the River Ridge Commerce Center in Jeffersonville, an Ohio River city located just north of Louisville, Kentucky.
The finished solar cells will be shipped to Canadian Solar's module assembly facility in Mesquite, Texas. '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 Dr. Shawn Qu, founder and CEO of Canadian Solar.