Country for PR: China
Contributor: PR Newswire Asia (China)
Monday, March 20 2023 - 13:53
AsiaNet
Xinhua Silk Road: SEG Solar completes acquisition of 2GW PV module manufacturing facility in Houston, Texas
HOUSTON, March 20, 2023 /PRNewswire-AsiaNet/ --

SEG Solar (SEG) announced that it has closed on the acquisition of a 
manufacturing facility in Houston, Texas, USA, capable of producing more than 
2GW of photovoltaic (PV) modules annually.  

The plant consists of approximately 145,000 square feet of manufacturing and 
warehouse space and 16,000 square feet of office space. The facility will be 
equipped with three state-of-the-art production lines that will allow SEG to 
produce both TOPCON and high-efficiency N type PV modules with 182mm or 210mm 
solar cells. SEG intends to source some components for the modules produced at 
the factory from local suppliers. Production at the facility is expected to 
begin in Q1 2024.

SEG's aggregate total investment in the facility is expected to reach over 60 
million US dollars including equipment and facility improvements. SEG will 
begin to move its global headquarters and administrative support functions to 
the facility before the end of 2023. The plant is expected to create as many as 
500 new jobs in the local Houston area.

"SEG is excited to establish a manufacturing base in Texas and is looking 
forward to serving the US market with more domestic production," said SEG's 
Vice President and CLO Michael Eden. "This facility will help to sustain low 
carbon, eco centric energy independence in the US for future generations. "

Founded in 2016, SEG is committed to providing cost-effective and reliable 
solar energy solutions in the US market. By the end of 2024, SEG is expected to 
ship more than 2GW of PV modules annually.

Original link: https://en.imsilkroad.com/p/333265.html 

Source Xinhua Silk Road

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=439091

   Caption: Photo shows the SEG Solar's photovoltaic (PV) module manufacturing 
plant in Texas, the United States

Attachments
SEG.png
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