Close Menu
Machinery Asia
  • Home
  • Industry News
  • Heavy Machinery
  • Backhoe Loader
  • Excavators
  • Skid Steer
  • Videos
  • Shopping
  • News & Media
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Machinery Asia
Subscribe
  • Home
  • Industry News
  • Heavy Machinery
  • Backhoe Loader
  • Excavators
  • Skid Steer
  • Videos
  • Shopping
  • News & Media
Machinery Asia
You are at:Home » ENR 2024 Top 500 Sourcebook: Euro Solar Component Maker Lands in US
Industry News

ENR 2024 Top 500 Sourcebook: Euro Solar Component Maker Lands in US

Machinery AsiaBy Machinery AsiaJuly 17, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Tumblr

Norway-based solar power component maker NorSun says it plans to spend $620 million to build its first U.S.-based factory — a 5 GW facility in Tulsa, Okla., that will produce silicon ingots and wafers for solar cells and panels, according to the company. announced

NorSun said it chose a 60-acre site at Tulsa International Airport, and construction will begin in late 2024. The status of the contractor selection was not disclosed. The project is in cooperation with the Oklahoma Department of Commerce and the Tulsa Airports Improvement Trust, said a state announcement in late June that cited “an attractive economic package” from the state, city and trust airport, but did not disclose dollar incentives.

Commissioning of the plant is scheduled for 2026, “making the Oklahoma facility one of the first in the US to produce high-performance silicon ingots and wafers, currently the largest bottleneck to achieve a fully national solar supply chain,” the state said.

The Tulsa site offers room to expand production to 10 GW, NorSun said.

“Our business plan has an ambitious timeline … to meet the critical need for energy manufactured in the United States,” said the company’s CEO Erik Løkke-Øwre, who cited “the manufacturing ecosystem ” of Oklahoma, as well as labor supply and potential for expansion. Oslo-based NorSun received a $60 million grant from the European Union’s Innovation Fund last year to expand its current 1GW factory in Årdal, Norway to 3GW. It also raised $8.5 million from equity investors last year.

Since its launch in 2007, the company has been the leading Western producer of monocrystalline ingots and wafers for high-efficiency solar cells.

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleExcavator review – Case CX145C walk-around // EEA Group
Next Article TYPHON TERROR XVIII Prestige 2 Ton New Mini Excavator, EPA certified USA KUBOTA Diesel Engine
Machinery Asia
  • Website

Related Posts

Middle East construction projects halted as steel construction firms hit by war

March 7, 2026

Uncertainty over trade policy and oil prices drive 11,000 job loss in February

March 6, 2026

The case for building modular and repeatable data centers

March 6, 2026
Leave A Reply Cancel Reply

  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Don't Miss

Middle East construction projects halted as steel construction firms hit by war

Uncertainty over trade policy and oil prices drive 11,000 job loss in February

The case for building modular and repeatable data centers

$668 million settlement advances dredging cleanup of Seattle’s Lower Duwamish Waterway

Popular Posts

Middle East construction projects halted as steel construction firms hit by war

March 7, 2026

Uncertainty over trade policy and oil prices drive 11,000 job loss in February

March 6, 2026

The case for building modular and repeatable data centers

March 6, 2026

$668 million settlement advances dredging cleanup of Seattle’s Lower Duwamish Waterway

March 6, 2026
Heavy Machinery

What most buyers get wrong before transporting their first vehicle

March 5, 2026

Tandem axle aluminum utility trailer

March 5, 2026

Average width of a car trailer

March 4, 2026

Buying guide for open aluminum trailers for long-distance vehicle transport

March 3, 2026

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Type above and press Enter to search. Press Esc to cancel.