US solar cell maker Suniva is set to reopen its factory in Georgia after being dormant for six years. The company plans to upgrade its factory, with the first phase increasing annual manufacturing capacity to 1 GW by spring 2024. A second phase could expand capacity to 2.5 GW. Suniva filed for bankruptcy in 2017 and closed its Georgia factory due to competition from cheaper solar imports. The Biden administration's passage of the Inflation Reduction Act and manufacturing tax credits are cited as reasons for Suniva's revival.
Frequently Asked Questions
Q: When did the US's oldest solar factory file for bankruptcy?
A: The US's oldest solar factory filed for bankruptcy in 2017. [Source]
Q: Is the US's oldest solar factory reopening?
A: Yes, the US's oldest solar factory is reopening. It has been dormant for six years and now plans to reopen its Georgia factory. [Source]