First Solar To Set Up Million Dollar Solar Manufacturing Facility In India
American solar panels manufacturer First Solar Inc. aims to set up a fully vertically integrated photovoltaic (PV) thin-film solar module manufacturing facility in India and is willing to infuse $684 million in the project. On approval from the Indian government, the company is expected to begin its operations in mid-2023. "India is an attractive market for First Solar," said Chief Executive Officer Mark Widmar.