First Solar, Inc. (FSLR) recently launched its $700 million facility in Tamil Nadu, India, marking the country’s first fully vertically integrated solar manufacturing plant. The facility has an annual capacity of 3.3 gigawatts (GW) and employs around 1,000 people. It produces First Solar’s Series 7 photovoltaic (PV) solar modules, which were developed in the United States and optimized for the Indian market. Significance of the Facility The manufacturing plant houses India’s first solar PV recycling plant, ...