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HOUSTON, March 20, 2023 /PRNewswire/ — SEG Solar (SEG) announced that it has completed the acquisition of a manufacturing facility in Houston, Texas, United States, capable of producing more than 2 GW of photovoltaic (PV) modules at anus.
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 enable SEG to produce both high-efficiency TOPCON and N-type photovoltaic 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 the first quarter of 2024.
SEG’s total aggregate investment in the facility is expected to exceed US$60 million, including equipment and facility upgrades. SEG will begin moving its global headquarters and administrative support functions to the facility before the end of 2023. The plant is expected to create up to 500 new jobs in the local Houston area.
“SEG is pleased to establish a manufacturing base in Texas and looks forward to serving the US market with more domestic production,” said SEG Vice President and Chief Legal Officer Michael Eden. “This plant will help maintain low-carbon, eco-centric energy independence in the United States for future generations.”
Founded in 2016, SEG is committed to bringing cost-effective and reliable solar power solutions to the US market. By the end of 2024, SEG is expected to ship more than 2 GW of PV modules per year.
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