First Solar Inaugurates New $1.1 Billion AI-Enabled Louisiana Manufacturing Facility

Core Insights - First Solar, Inc. inaugurated a new fully vertically integrated manufacturing facility in Iberia Parish, Louisiana, with an investment of $1.1 billion [1] - The facility covers approximately 2.4 million square feet, making it about 11 times the size of the New Orleans Superdome [1] - The current employment at the facility exceeds 700 people, with expectations to reach 826 employees by the end of the year [1] Company Overview - The new facility is part of First Solar's strategy to enhance its manufacturing capabilities and increase production capacity [1] - The investment reflects the company's commitment to expanding its footprint in the renewable energy sector [1] Employment Impact - The facility is expected to create significant job opportunities in the region, contributing to local economic growth [1] - The increase in employment from over 700 to 826 positions indicates a positive trend in workforce expansion [1]